Retail Space
4445 2nd Avenue Detroit, MI 48201
Details & Description
Price: $3,300,000
    ±7,900 SF retail strip center in the heart of Midtown with possible outlot opportunityPrime re-development potential, ideal for restaurant with possible patio seatingPositioned within an Opportunity Zone with SD-2 mixed-use zoningLocated across from Shinola, Jolly Pumpkin, Traffic Jam and Mario'sPositioned in a densely-populated residential area near Wayne State University3,400 SF available for lease up with high parking ratioRental rate $20.00/SF NNNSale price $3,300,000
    Listing Agents
    Peter Jankowski

    O: 248-848-4135
    peter.jankowski@freg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4445 2nd Avenue

    Detroit, MI 48201

    Listing ID: 224611
    • 4445 2nd Avenue Detroit, MI 48201 | for Sale | Photo 1
    • 4445 2nd Avenue Detroit, MI 48201 | for Sale | Photo 2
    4445 2nd Avenue | for Sale | Thumbnail 1
    4445 2nd Avenue | for Sale | Thumbnail 2
    Building Size: 7,900 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $417.72
    Land $/SF:
    Price
    $3,300,000
    Description

    ±7,900 SF retail strip center in the heart of Midtown with possible outlot opportunity

    Prime re-development potential, ideal for restaurant with possible patio seating

    Positioned within an Opportunity Zone with SD-2 mixed-use zoning

    Located across from Shinola, Jolly Pumpkin, Traffic Jam and Mario's

    Positioned in a densely-populated residential area near Wayne State University

    3,400 SF available for lease up with high parking ratio

    Rental rate $20.00/SF NNN

    Sale price $3,300,000

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Detroit History of Retail Space for Sale

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    Detroit Area Market Trends

    Listing Demographics for 4445 2nd Avenue Detroit, MI 48201

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population22,034108,009283,142
    Population Median Age353837
    Population by Age0-9 Yrs1887 (8%)11715 (10%)38503 (13%)
    10-19 Yrs2586 (11%)11772 (10%)37034 (13%)
    20-29 Yrs6980 (31%)23185 (21%)49797 (17%)
    30-39 Yrs2867 (13%)14104 (13%)36134 (12%)
    40-49 Yrs1841 (8%)11690 (10%)31196 (11%)
    50-59 Yrs1738 (7%)13023 (12%)34292 (12%)
    60-69 Yrs2536 (11%)12903 (11%)31533 (11%)
    70+ Yrs1599 (7%)9617 (8%)24652 (8%)
    Median HH Income$20,491$27,956$27,814
    Total Household Income< 24K6199 (56%)23714 (46%)53541 (46%)
    25-49K2022 (18%)11448 (22%)29466 (25%)
    50-74K937 (8%)6132 (12%)14498 (12%)
    75-99K653 (5%)3787 (7%)8032 (6%)
    100-199K913 (8%)4470 (8%)8473 (7%)
    200K+205 (1%)1283 (2%)2091 (1%)
    Highest Education LevelNo Diploma22231301744413
    Diploma or GED32171949253537
    Some College28821635239610
    Assoc. Degree715424210420
    Bachelors Degree29581120820523
    Higher Degree2099938115311
    Total Housing Units13,27670,263166,000
    --Owner-Occupied1,44114,06144,032
    --Renter-Occupied9,48836,77372,067
    Owner-Occupied Values< 100K220784832682
    100-199K41526105636
    200-299K35418142771
    300-399K1889371463
    400-499K120458634
    500K+145395847
    Total Working Age Population19,39090,360223,527
    In Work Force10,49748,306113,801
    Not In Work Force8,89342,054109,726
    Workforce Employed9,45042,65199,377
    Workforce Unemployed1,0475,63414,362
    Civlian Workforce10,49748,285113,740
    Military Workforce02161
    Total Households10,93050,834116,099
    Family Households2,86018,04951,579
    Non-Family Households8,07032,78664,520
    Married Couple9817,42023,449
    Other Family1,87910,62828,130
    Married w/Child2112,62410,828
    Single Male w/Child1055852,236
    Single Female w/Child1,0365,03011,608

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4445 2nd Avenue in Detroit?
    The asking price for 4445 2nd Avenue is $3,300,000
    What is the building size of this Retail property in Detroit, MI?
    The size of the building/unit at 4445 2nd Avenue in Detroit is 7,900 square feet
    What kind of Retail is the propery at 4445 2nd Avenue?
    The property at 4445 2nd Avenue Detroit, MI 48201 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 4445 2nd Avenue in Detroit?
    The population within 1 mile of 4445 2nd Avenue Detroit, MI 48201 is 22,034 people.
    Who do I contact for questions about 4445 2nd Avenue?
    You should contact the listing agent, Peter Jankowski, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 18
    Toledo Express Airport (TOL) 65
    Cleveland Hopkins International Airport (CLE) 90