Detroit Multifamily for Sale - Detroit E of Woodward

Don't miss this unique opportunity to own a mixed-use property in Detroit's highly sought-after Eastern Market area. The building features four units: three residential lofts, each with two bedrooms and two bathrooms, accessible by elevator; and a ground-floor retail space with a valuable liquor license. Currently, the lofts are operated as successful Airbnb rentals, offering immediate income potential. However, the next owner can explore diverse opportunities to maximize value. The ground-floor retail space is perfectly suited for a restaurant, bar, café, or gallery. Additionally, rooftop access presents another value enhancing feature. Situated in a prime location, the building is within easy walking distance of Eastern Market's vibrant shops and restaurants. Convenient access to major highways also makes it ideal for commuters. The building is in excellent, well-maintained condition, showcasing desirable architectural elements such as high ceilings, original timber beams, large windows, and exposed brick walls. The retail space boasts a large storefront and a fully equipped commercial kitchen, ready for service. The lower level offers additional creative space, perfect for a speakeasy enhanced by a convenient dumbwaiter. This property represents a compelling investment opportunity, offering revenue potential from both residential and commercial tenants. Billboards provide yet another stream of revenue. The option to purchase the liquor license, restaurant fixtures and furniture, and fully furnished lofts is available, making this truly a turnkey offering. LAND CONTRACT TERMS AVAILABLE. Buyer's agent to verify all information including taxes & measurements. Send all offers in PDF format to Katie Kutscher - Klkwrealestate@gmail.com.

Property Subtype:

Apartment

Date on Market:

2025-03-31

Wyandotte Retail for Sale - Downriver South

Restaurant for sale in Downtown Wyandotte. Includes furniture, fixtures, equipment,and liquor license. Fully remodeled in 2016 (new roof, HVAC, etc).

Property Subtype:

Restaurant

Date on Market:

2025-03-21

Lincoln Park Retail for Sale - Downriver North

Surmount is pleased to present the exclusive listing for a Former Wendy's located at 1055 Fort Street, Lincoln Park, MI 48146. The site consists of roughly 3,128 rentable square feet of building space on an estimated .88 -acre parcel of land.

Property Subtype:

Fast Food

Date on Market:

2025-03-20

Taylor Retail for Sale - Airport District

Owner Occupied Building in a busy and highly desired location. Building is 11,140 Sq. Feet. Purchase the entire building or rent the main level. Move-in ready for retail and office space!

Property Subtype:

Freestanding

Date on Market:

2025-03-12

Detroit Retail for Sale - Detroit E of Woodward

Amazing retail or professional opportunity directly on Detroit/Michigan’s premier thoroughfare that is ready for immediate occupancy. It has been previously used as medical office and retail space. Daily traffic counts exceeding 20,000. Exceptional signage with a large illuminated pylon sign. Seller financing available, subject to final documents, w/ 20% down at 9.5%. For more information or a showing, please call Paul Asker @ 734-718-4698. DREG 1, Llc.

Date on Market:

2025-02-20

Hamtramck Retail for Sale - Detroit E of Woodward

Property Subtype:

Storefront

Date on Market:

2025-02-03

Detroit Retail for Sale - Detroit E of Woodward

Incredible commercial opportunity on Detroit's east side! This property is a classic staple in the community with rich neighborhood history-formerly a long standing liquor store. The building offers solid bones and high visibility on a high-traffic street, making it a perfect space for your next venture. This commercial building allows for a wide range of uses including retail, convenience store, carryout restaurant, smoke shop, or creative redevelopment. Close proximity to I-94, residential neighborhoods, and public transportation. Sold as-is. Investors and entrepreneurs-bring your vision and revitalize this local staple!

Property Subtype:

Storefront

Date on Market:

2025-01-23

Wayne Retail for Sale - Airport District

100% occupied 3 unit retail center. 10-15+ years of tenancy for all 3 tenants with longterm leases all planning on renewing/staying. Parking Lot Resealed 2025 Below market rents if new owner has plans of increasing rents. Established Retail Hub: Surrounded by national retailers including Kroger, CVS, Dollar General, and McDonald’s. Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne’s busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility and traffic. Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.

Property Subtype:

Storefront

Date on Market:

2024-12-31

Detroit Retail for Sale - Detroit-New Center

*BRAND-NEW 6,450 SQUARE FOOT TWO (2) STORY MIXED-USE BUILDING IN NEW CENTER AREA

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-12-03

Detroit Multifamily for Sale - Detroit E of Woodward

Located on Kercheval Avenue between Parker and Seminole Streets in Detroit’s charming West Village, 8116 Kercheval consists of three historic mixed-use buildings. The buildings were fully renovated in 2016 and include both retail and residential units. The ground floor is fully leased to Two Birds, a bar and ice cream shop, currently expanding into an adjacent retail space, and Velvet Tower, a vintage clothing store. The second floor includes three residential units (ranging from 720 to 1,106 square feet), which are currently operated as short-term rentals generating income above standard residential leases. The property features a wrap-around terrace/community space that connects the buildings and provides additional usable outdoor area. Positioned a block from neighborhood landmarks Sister Pie and Marrow, this offering presents a unique opportunity in one of the most vibrant, commercially established sections of desirable West Village.

Property Subtype:

Apartment

Date on Market:

2024-12-02

Redford Township Retail for Sale - Southern I-275 Corridor

Presenting an exceptional opportunity to acquire a beloved cornerstone of Downtown Redford: Sandy's on the Beech. For the first time in 35 years, this iconic restaurant is available for purchase, including the business, real estate, liquor license, equipment, and inventory. With a proven track record of success, the current owners are ready to pass the torch. Qualified buyers will have access to comprehensive sales, expense records, and tax returns. Recent capital improvements enhance the value of this investment, featuring a new rooftop AC unit installed in 2024 and a roof replacement along with additional AC updates completed in 2010. Don’t miss your chance to step into a thriving restaurant with deep community roots!

Property Subtype:

Freestanding

Date on Market:

2024-10-28

Detroit Retail for Sale - Detroit E of Woodward

Former provisioning center. 4 stores. 1 overhead door. Highly visible 8 Mile location with off street parking. 120' frontage. Also available for lease. Land Contract terms available with large down payment. Address includes 15270 - 15308 Eight Mile.

Property Subtype:

Storefront

Date on Market:

2024-10-21

Detroit Retail for Sale - Detroit W of Woodward

This 3,515 SF property boasts a prime location and is perfectly suited to meet the needs of retail and free-standing building users. Renovated in 2024, its open floor plan, brand-new furnace with AC, new water heater, new roof, and double unit configuration (one side is 34’ x 62’ and other side is 18’ x 62’) with 2 restrooms and 2 front/back doors provide versatility and convenience. The large 53’ x 30’ fenced-in area in the back offers potential for outdoor space utilization. Many potential uses are possible including a coffee roastery, restaurant, salon, studio, office, or a clinic. With easy access from the side alley off Meyers Rd and proximity to M-10/The Lodge Freeway, this property is an enticing prospect in the thriving Detroit area. Coffee roaster is also available for sale.

Property Subtype:

Freestanding

Date on Market:

2024-07-09

Taylor Retail for Sale - Airport District

Pharma Property Group is pleased to market for sale the Walgreens property located at 9100 Telegraph Road in Taylor, Michigan (“The Property”). Walgreens has approximately 4 years of firm term remaining on an absolute NNN lease with 5% rental increases every 5 years through 2049. The next 5% increase comes in May of 2029. The property is strategically located as the closest Walgreens and national chain drugstore to Beaumont Hospital, a 148-bed facility with over 1,094 employees, one block to the south. In addition to the medical facilities, the Property benefits from over 2.3 million square feet of retail, and 5.9 million square feet of industrial space, in a 2-mile radius. Recently the Rite Aid across the street from the Property shuttered its operations leaving the Subject Property as the only free-standing national chain drugstore in a 2-mile radius. With over 2,400 multifamily units within 2 miles, the Property benefits from the added customer base. The Property is located 3 miles from Detroit Metropolitan Airport, Michigan's busiest airport, serving over 36.7 million passengers annually and offering over 1,100 flights daily. Additionally, Walgreens is positioned on the signalized hard corner of Telegraph Road/U.S. Route 24 with over 65,000 vehicles per day and serves as a main north/south thoroughfare and a major arterial heading south from Detroit to Toledo, Ohio, and eventually to Fort Wayne, Indiana. Listed in association with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, MI DRE Lic. #6502428679.

Property Subtype:

Drug Store

Date on Market:

2024-05-09

Belleville Retail for Sale - Airport District

Real estate is priced at $500,000 and Business is priced at $400,000 It’s the Red Rooster offering the Best Pizza in town with great food and large Bar that makes this the place to go. 2024 Pizza Sales are Over $2,000,000. A Highest volume Pizza operation for inside dining or delivery and long established since 1979, it offers the highest quality food and special drinks. Business and Real Estate Purchase. OWNER FINANCING $160,000 down payment 12 years at 6.5 % interest for the business with acceptable financials. Building lease $3,000 triple net, 5 year lease with option to purchase. Includes liquor license, lottery and goodwill. One super busy business location waiting for the new owner. Do NOT contact employees with showings by appointment ONLY with bank letter or approval. No information disclosed without a confidentiality statement signed.

Property Subtype:

Bar

Date on Market:

2024-04-24

Northville Office for Sale - Southern I-275 Corridor

40820 W 7 Mile Road, a newly constructed (2023) 11,746-square-foot multi-tenant retail/office/medical building located in Northville, Michigan, one of Metro Detroit’s most affluent and rapidly expanding suburban markets. The property is 76% occupied by three reputable healthcare tenants - Maybury Dental Spa, Athletico Physical Therapy, and Best Life N of 1. Each is secured under long-term NNN leases with two five-year renewal options, providing investors with stable, predictable income and minimal landlord responsibilities. The remaining 2,810-square-foot suite offers significant value-add potential, with the ability to increase projected annual income from $230,158 (in-place) to $303,219 (fully leased) by 2026. Built with modern architectural design and high-quality construction, the property sits on 1.68 acres zoned OS (Office Service), offering flexibility for medical, office, or professional service tenants. Located along the highly visible 7 Mile Road corridor, the asset provides excellent access to major freeways, strong daily traffic counts, and proximity to Northville Park Place, a 275,000 SF shopping & dining destination with national retailers including Trader Joe’s, Granite City Food & Brewery, Jimmy Johns, and Orangetheory Fitness. The surrounding area features an average household income of $133,409 within three miles, underscoring the strength and stability of the local demographic base. With its combination of new construction, long-term NNN leases, and strong market fundamentals, 40820 W 7 Mile Road represents a turnkey, low-maintenance investment positioned for steady cash flow and long-term appreciation in one of southeast Michigan’s most desirable submarkets.

Property Subtype:

Medical

Date on Market:

2024-04-01

Detroit Retail for Sale - Detroit W of Woodward

Free-standing, has a drive-thru and plenty of parking. Was a former bank.

Property Subtype:

Bank

Date on Market:

2024-03-25

Detroit Retail for Sale - Detroit W of Woodward

Mixed-use building and auto repair shop for sale. Located on a hard corner in prime Southwest Detroit. (Mich and Junction) Minutes from downtown Detroit and the Ford train station. Auto repair business is operating and has net sales of 10-12 K per month take home. The mixed-use building has two levels. Great opportunity with the repair garage business and the mixed-use building.

Property Subtype:

Auto Repair

Date on Market:

2024-01-29

Detroit Retail for Sale - Detroit W of Woodward

• The former national QSR tenant no longer occupies the building and is not paying rent • Property is zoned B-4 General Business, providing for a wide range of retail and business uses • Per the 2023 Tax Bill, property taxes equaled $8,019

Property Subtype:

Fast Food

Date on Market:

2024-01-10

Harper Woods Retail for Sale - The Pointes/Harper Woods

- Former Bank Branch with 2 drive thru lanes - Excellent location adjacent to Saint Clair Shores, Eastpointe, and the Grosse Pointe Communities, easy I-94 access, and across the street from the new Eastland Commerce Center - 175’ of frontage on Vernier - Northeast corner of Vernier and Beaconsfield - Approximately 20,000 VPD traffic count on Vernier Rd. (Eight Mile Road)

Property Subtype:

Bank

Date on Market:

2023-12-28

Detroit Retail for Sale - Detroit E of Woodward

• The former national QSR tenant no longer occupies the building and is not paying rent • Property is zoned B-4 General Business, providing for a wide range of retail and business uses • Per the 2023 Tax Bill, property taxes equaled $4,703

Property Subtype:

Fast Food

Date on Market:

2023-07-21

Detroit Retail for Sale - Detroit W of Woodward

- The site presents an excellent lease-up or redevelopment opportunity - The property is zoned B-4 – General Business District, providing a wide range of commercial uses - The building is located in a highly desirable retail location with direct access to residential communities, national/regional tenants, and a university - Built in 1996, the property consists of 1,766 SF of GLA on 0.28 acres, and features a drive-thru to benefit the surrounding customer base

Property Subtype:

Fast Food

Date on Market:

2023-11-10

Detroit Retail for Sale - Detroit E of Woodward

The site presents an excellent lease-up or redevelopment opportunity. The property is zoned B-4 – General Business District, providing a wide range of commercial uses . The building is located in a highly desirable retail location with direct access to residential communities, national tenants, and industrial facilities. Built in 1997, the property consists of 1,993 SF of GLA on 0.55 acres, and features a drive-thru to benefit the surrounding customer base

Property Subtype:

Fast Food

Date on Market:

2023-07-21

Detroit Retail for Sale - Detroit E of Woodward

Located in the heart of Eastern Market, just steps from Russell Street, 1350 Division is a two-story brick redevelopment opportunity built in 1926. This property offers versatile opportunities for an owner-operator or developer--with potential for up to four ground-floor retail spaces and four to eight residential or creative office units on the second floor. The property is located within an Opportunity Zone and has secure onsite parking. Neighbors include: Eastern Market, Supino Pizza, Trinosophes, People's Records, Vivio's Food & Spirits, Detroit City Distillery, Cairo Coffee, Motown Bistro, Bert's Marketplace, Detroit Hustles Harder, Eastern Market Brewing, Germack, Beyond Juicery, Collect Beer Bar, Bunny Bunny.

Property Subtype:

Storefront

Date on Market:

2023-09-22