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20369963
20369964

4435 Vernor Hwy, Detroit, MI 48209

FL
MI 6501314190
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)
$549,900
542 days on market
Updated 8 days ago
Opportunity zone

4435 Vernor

Details
Property Type Mixed Use, Office (+1)
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 5,246
Buildings 2
Stories 2
Lot Size (SqFt) 11,326
Ground Lease No

Mixed Use | 5,246 SqFt

Marketing description

Discover an incredible opportunity in the heart of one of Detroit's most vibrant and culturally rich communities—Mexicantown. This prime commercial property, located just moments from downtown Detroit, offers unparalleled potential for development or business expansion.

Property Features:

  • Building Size: 5,246 square feet, offering ample space for a variety of business uses.
  • Lot Size: 84 feet of frontage and a 134-foot deep lot, ideal for parking, future expansion, or outdoor activities.
  • Additional Out-Building: Included with the sale is an out-building, perfect for storage or auxiliary business functions.
  • Prime Location: Situated on Vernor Highway, this property benefits from high visibility and traffic in a bustling area known for its vibrant culture, restaurants, and shopping.
  • Neighborhood: Mexicantown is one of Detroit’s most vibrant and growing communities, known for its lively atmosphere, rich history, and diverse population.

Great opportunity to own a property with strong upside potential in a growing area. This property offers flexibility for an owner-occupant, investor, or buyer looking to take advantage of available improvement and redevelopment incentives. With the right vision, this could be transformed into a high-performing asset. Convenient location with access to nearby businesses, services, and major roads. Buyer to verify all allowable uses, grants, incentives, zoning, and renovation options with the proper municipality and agencies. Don’t miss this value-add opportunity.

This property offers flexibility for an owner-occupant, investor, or buyer looking to take advantage of available improvement and redevelopment programs. Potential opportunities may include tax incentives, rehabilitation grants, and local/state assistance programs designed to support property improvements and investment.

Listing Contacts

FL
MI 6501314190
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)

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Additional Information

Name
Frank Locricchio
License
6501314190
Brokerage Phone
8554647653
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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