21400 Michigan Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30625916
Property Subtypes: Restaurant
Building Size (RSF): 19,741 SF
Gross Land Area: 1.58 Acres
Sale Price: $3,200,000
Unit Price: $162.10 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Ideal for a variety of uses including: Bar, Restaurant, Banquet Facility, Health Care, Senior Care and office uses. Prime Location off Michigan Avenue, just west of Southfield Freeway. Beautiful outdoor patio with picturesque views.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $77,165 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Dearborn
Tax ID/APN: 820922201031
Zoning: B-B
Property Located Between: Brady Street
Traffic/Vehicle Count: 44,116
Total Number of Buildings: 1
Year Built: 1963
Year Renovated: 2003
Exterior Description: Masonry
Total Parking Spaces: 150
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,650 156,498 430,759
Median Age: 43.41 35.64 35.65
Households: 4,129 59,159 161,130
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