www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24131746
24131745

4638 4th St, Detroit, MI 48201

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International
$1,299,000
352 days on market
Updated 17 days ago
Opportunity zone

Former Greater King Solomon Baptist

Details
Property Type Retail, Special Purpose
Sub Type Religious/Church
Square Footage 5,881
Lease Type Absolute NNN
Price per SqFt $221
Year Built 1900
Acreage 0.710
Parking Spaces 40 spaces
Parking Per SqFt 6.80
Lease Commencement 04/30/2025

Retail | 5,881 SqFt

Marketing description

For Sale

Investment highlights

  • Prime Location: Situated at 4638 4th Street in Detroit, MI, this property is in a rapidly developing and growing corridor, one block away from Wayne State University and adjacent to M-10 and other major transit routes

  • Ample Parking: The church on-site lot holds up to 75 spaces with numerous parking garages nearby

  • Historical Charm: The property boasts historical charm, which can be a unique selling point for attracting tenants or buyers interested in preserving and utilizing historical buildings.

  • High Demand Area: Midtown Detroit is experiencing a resurgence, with increasing demand for real estate of all asset classes. The surrounding area has seen a surge in demand for quality rental housing and retail amenities, driven by young professionals, students, and urban dwellers

  • Redevelopment Potential: The existing structure may be eligible for teardown or adaptive reuse, allowing for creative redevelopment with modern design and amenities.

  • Opportunity Zone Benefits: Located within a designated Opportunity Zone, investors may benefit rom significant tax incentives on capital gains.

  • Proximity to Anchor Institutions: Close to Wayne State University, Henry Ford Hospital, and cultural institutions—driving consistent demand for housing and services.

  • Underserved Retail Market: The neighborhood has limited retail options, creating a strong opportunity for ground-floor commercial tenants such as cafes, boutiques, or service providers.

Listing Contacts

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Simon Jonna
License
MI 6501357188
Brokerage
Jonna Group | Colliers
Brokerage Phone
2482261610
Title
MI
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591