Freestanding Building for Lease - Detroit, MI

Retail-Commercial for Lease
Catylist Listing ID: 29936218
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Contiguous Space: 2,178 SF
Building Size (RSF): 2,178 SF
Lease Rate: $9.92 PSF (Annual)
Base Monthly Rent: $1,800
Lease Types: Gross Lease
Building Name: Fish Nook Building
Usable Size (USF): 2,178 SF
Last Updated: 5/7/2018

Overview / Comments

This 2,178 sf storefront provides an opportunity for a wide range of commercial uses from neighborhood retail to office and studio space. Built in the 1930's, all partitions have now been removed within the block and brick exterior walls leaving an open space for the next tenant to customize. Landlord will be installing new storefront windows, and having a new concrete floor poured throughout the building. Modern forced-air heating and air conditioning system is in good working order.

Expand All Available Space

Suite: 8517 2,178 SF $9.92 PSF (Annual) Gross Lease
Level/Floor: 1
Space Available: 2,178 SF
Lease Rate: $9.92 PSF (Annual)
$1,800 (Monthly)
Lease Type: Gross Lease
Space Subcategory: Free-Standing Store, Neighborhood Center
Date Available: 2/5/2016
Space Type: Relet

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 04002077-9
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Woodward Avenue & M-10/Lodge
Property Visibility: Excellent
Largest Nearby Street: Woodward Avenue
Feet of Frontage: 122
Highway Access: M-10/Lodge to west; I-94 to south; I-75 to east
Site Description: Northwest Corner 2nd Avenue and Philadelphia 8517 2nd Avenue, Detroit, MI 48202
Area Description: Historically one of Detroit's main commercial hubs, New Center has seen a tremendous amount of growth and development in recent years. With many significant major construction projects planned and the imminent arrival of the M-1 rail; the neighborhood is positioned to surge in population. Located several blocks North of West Grand Blvd., this area of Second Avenue connects the major business district surrounding the Fisher Building to vintage housing stock in both the Virginia Park and Boston Edison Historic Districts.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,178 SF
Property Condition: Good
Year Built: 1939
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Open with no partitions, load bearing columns in center of building.
Zoning Description: B-4; General Business District
Lot Frontage: 122
Lot Depth: 80
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,198 172,350 469,552
Median Age: 39.71 35.63 35.1
Households: 7,996 69,284 177,921
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