23261 Fenkell AveDetroit, MI 48223

For Sale
$237,500

10,772 SF Flex Space, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A industrial property, located at 23261 Fenkell Avenue in Detroit, Michigan, presents a unique investment opportunity. Boasting 10,772 square feet of versatile flex space, suitable for manufacturing, warehousing, or showroom purposes, this property sits on a sizable 0.8-acre lot. Built in 1927, the building benefits from a recently replaced roof covering half its area, offering immediate equity potential. The property is currently vacant, providing flexibility for immediate occupancy and customization. Its strategic location on Fenkell Avenue, just east of Telegraph, ensures high visibility and accessibility, ideal for businesses seeking high traffic exposure. The asking price is $237,500, translating to a price per square foot of $22.00. The property is zoned for commercial use, and includes a vacant corner lot, adding further development potential. This is an excellent opportunity to acquire a substantial industrial space in a prime Detroit location at a competitive price. The property's size and versatility make it suitable for a wide range of businesses seeking a well-located and functional space. Don't miss this chance to capitalize on this promising investment.

Highlights

  • 10,772 SF flex space in Detroit, MI.
  • Located on a 0.8-acre lot at 23261 Fenkell Ave.
  • Recently partially re-roofed, offering immediate equity.
  • Currently vacant, allowing for customization.
  • High visibility location on Fenkell Ave, east of Telegraph.
  • Asking price: $237,500 ($22/SF).

Property Details for 23261 Fenkell Ave

Property type
Other warehouses, Other industrial properties
Square Feet
10,772 SF
Class
A
Year Built
1927
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4000273
Longitude
-83.2680395
23261 Fenkell Ave, Detroit, Michigan

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23261 Fenkell Ave
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