42-62 Piquette Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30565178
Property Subtypes: Restaurant, Other
Building Size (RSF): 5,696 SF
Gross Land Area: 0.67 Acres
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Exceptional opportunity to purchase or landmark site in the heart of Detroit in
Midtown. This 0.67 acre property is just off Woodward near Wayne State University Bio-science Center and Bucharest Grill. It's currently an operating restaurant but can be re-developed for many uses!

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,644 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit - New Center
Tax ID/APN: 010017-86; 010017-85
Zoning: M-2
Property Located Between: Woodward Avenue
Traffic/Vehicle Count: 164,415
Number of Stories: 3
Year Built: 1968
Parking Description: Ample Parking
Sprinklers: None
Heat Type: Other
Heat Source: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,358 167,933 419,030
Median Age: 36.03 36.04 34.99
Households: 8,082 69,643 158,455

Contact

Photograph of Listing Agent

Angela Thomas

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.