504 Main Street

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30384468
Property Subtypes: Street Retail
Building Size (RSF): 5,895 SF
Gross Building Area: 1,600 SF
Gross Land Area: 0.17 Acres
Sale Price: $499,000
Unit Price: $84.65 PSF
Ceiling: 14 ft.
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Investment sale/lease. All leases are gross prices and include utilities. New owner is improving all units with upgrades. Income in place. Contact broker for details.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $7,088 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Airport District
Tax ID/APN: 31084010270001
Zoning: C-M, COMMERCIAL
Property Located Between: Denton
Traffic/Vehicle Count: 21,600
Number of Stories: 1
Year Built: 1946
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Masonry
Parking Description: Street Parking
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,324 30,159 90,141
Median Age: 37.34 36.9 36.22
Households: 2,404 12,683 36,255
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