235 Burke StRiver Rouge, MI 48218

This freestanding, two-story retail building, totaling 8,410 square feet, presents a unique investment opportunity in River Rouge, Michigan. Built in 1965, the property is situated on a 0.38-acre lot and boasts a fenced parking area. Located on Burke Street, just off Jefferson Avenue, it benefits from high daily traffic counts exceeding 4,562 vehicles. The building's Neighborhood Mixed Use (NMU) zoning, within a Green Overlay District, allows for diverse uses including cannabis, retail, office, and multi-family development. The strong synergy of the location is enhanced by a dense residential population and nearby national tenants. An adjacent parcel is available for purchase, providing potential for expansion of parking. The asking price is $525,000, translating to $62.43 per square foot. This property offers significant potential for a variety of businesses or developers seeking a prime location in a thriving community. The building's history and versatile zoning make it an attractive proposition for those seeking a high-traffic, well-located investment. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to a range of potential uses. The ample parking and proximity to Jefferson Avenue further enhance its appeal.