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34189809
34189811

22019 Fenkell Street, Detroit, MI 48223

FD
MI 6506045188
Exp Realty, LLC
JN
MI 6501426431
Exp Realty
Listed by Exp Realty, LLC, Exp Realty
$50,000
1 day on market
Updated 1 day ago

Retail/Office/Restaurant

Details
Property Type Office, Retail
Sub Type Restaurant, Traditional Office (+1)
Square Footage 1,000
Net Rentable (SqFt) 1,000
Units 1
Tenancy Vacant
Pro-Forma Cap Rate 15%
Pro-Forma NOI $7,500
Price per SqFt $50
Year Built 1923
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.050
Zoning Retail, Food, Office
Parking Spaces 7 spaces
Parking per 1,000 SqFt 7.00
Investment Type Value Add
Ground Lease No

Retai//Office/Lounge | 1,000 SqFt | 15% Proforma

Marketing description

Opportunity awaits at 22019 Fenkell Street in Detroit. This recently remodeled 1,000 SF commercial building offers a clean, flexible layout ideal for a variety of business uses including retail, office, professional service, medical/dental, convenience, restaurant, or general commercial use. The property features a refreshed interior, central air, forced-air heat, 220V electric, public water/sewer, security system, smoke detectors, outside lighting, sidewalk frontage, and a rubber roof. Located near Fenkell and Lahser, the property offers street visibility, on-site/on-street parking options, alley access, and a fenced area. Great opportunity for an owner-user, small business operator, or investor seeking an affordable commercial asset. With potential rental income of approximately $1,100/month, this property may offer a projected return of over 15% ROI, depending on final purchase price, lease terms, expenses, financing, and buyer's underwriting. Land contract terms available: $25,000 down, 8% interest, $1,500/month, 24-month term. Buyer/buyer's agent to verify all information, zoning, intended use, measurements, rental projections, expenses, ROI, and city requirements.

Investment highlights

  • Great opportunity for an owner-user, small business operator, or investor seeking an affordable commercial asset
  • Potential rental income of approximately $1,100/month
  • Projected return of over 15% ROI depending on final purchase price, lease terms, expenses, financing, and buyer's underwriting
  • Land contract terms available: $25,000 down, 8% interest, $1,500/month, 24-month term

Listing Contacts

FD
MI 6506045188
Exp Realty, LLC
JN
MI 6501426431
Exp Realty
Listed by Exp Realty, LLC, Exp Realty

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Zoning

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B4 CommercialGeneral CommercialGeneral Business District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Fadi Dabaja
License
6506045188
Brokerage
EXP Commercial
Brokerage Phone
3136006189
Title
Broker
Brokerage Address
39555 Orchard Hill Place
Name
Jay Naim
License
6501426431
Brokerage Phone
3135716581
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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