14120 Wyoming AveDetroit, MI 48238

For Sale
$275,000

12,060 SF Vacant Grocery, $275K

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 12,060-square-foot vacant grocery store building situated on a 0.88-acre lot in Detroit, Michigan. Located at 14120 Wyoming Ave, this single-story, Class C retail property boasts a prime location in a high-traffic area, easily accessible from major freeways, The Jeffries (I-96) and The Lodge Freeway (M-10). Built in 1958 and renovated in 2003, the building features block construction with a steel truss roof, recently repaired. A new overhead door and security gate enhance security. Ample parking is available with approximately 60 spaces on both the north and south sides of the building, complemented by a rear alley drive. The property offers a 13.7-foot clear height and is zoned B-4 Commercial. The asking price is $275,000, translating to $22.80 per square foot. With a population of 160,000 and 89,000 households within a 3-mile radius, this property presents significant potential for a variety of retail uses. The property is currently vacant, offering immediate occupancy. The APN is 16037348-64. This is a single-unit building with a single tenancy.

Highlights

  • Former grocery store, 12,060 SF, available for sale or lease.
  • Immediate occupancy.
  • Ample parking (approx. 60 spaces), plus rear alley access.
  • 13.7' clear ceiling height.
  • Located in high-traffic area of Detroit, MI, near major freeways (I-96 & M-10).

Property Details for 14120 Wyoming Ave

Property type
Other retail properties, Individual retail properties
Square Feet
12,060 SF
Class
C
Year Built/Renovated
1958/2003
Buildings
1
Stories
1
Lot Size (sq. ft)
38,333 SF
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.390786899036
Longitude
-83.159193117555
14120 Wyoming Ave, Detroit, Michigan

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14120 Wyoming Ave
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