15031 Wyoming AveDetroit, MI 48238

For Sale
$355,097

High-return retail investment opportunity in Detroit, MI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Detroit commercial property, located at 15031 Wyoming Ave, offers a compelling investment opportunity. The property encompasses a total of 5,500 square feet of building space, spread across multiple addresses (15031, 15025, 15021, and 15017 Wyoming Ave) and includes a sizable parking lot. The combined building space provides two generous retail and service shop opportunities, ideal for a variety of businesses. Built in 1946, the property sits on a 0.08-acre lot and is zoned Commercial B-2, ensuring flexibility for diverse commercial uses. The asking price is $355,097, translating to a price per square foot of $65. This represents a strong value proposition given the property's size, location in Detroit, Michigan (zip code 48238, Wayne County), and the potential for significant rental income or owner-occupied business operations. The property's prime location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. Don't miss this chance to acquire a well-positioned commercial property in a thriving area.

Highlights

  • $355,097 asking price.
  • 5,500 square foot retail property and land.
  • $65 per square foot.
  • 1946 year built.
  • Commercially zoned.
  • 0.08-acre lot size.

Property Details for 15031 Wyoming Ave

Property type
Other retail properties, Other land
Square Feet
5,500 SF
Year Built
1946
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.400752
Longitude
-83.1598118
15031 Wyoming Ave, Detroit, Michigan

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15031 Wyoming Ave
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