Retail Space
2421 3rd Avenue Detroit, MI 48201
Details & Description
Price: $990,000
    The subject redevelopment opportunity includes a 12,300 square foot building at 828 Fisher as well as an adjacent piece of vacant land at 2421 Third located in the heart of Downtown Detroit on the corner of the Fisher Freeway Service Drive and Third Street.The site is arguably one of the most well-located redevelopment locations listed in Detroit since ‘the comeback’ began several years ago. The strength of the location allows for several different development opportunities: redevelopment of existing building or demolition and ground-up construction. The property could potentially be redeveloped into mixed-use, retail/multi-family, retail/office or single-tenant retail. Please visit www.fisherthird.com for more information.
    Property ID:    226217
    Property URL: melqr.com/226217
    Generated:    04-29-24
    Listing Agents
    Griffin Pitcher

    O: 248-948-9000
    M: 248-228-0088
    gpitcher@signatureassociates.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.
    Retail Space / Michigan / Detroit / 48201 / 2421 3rd Avenue

    2421 3rd Avenue

    Detroit, MI 48201

    Listing ID: 226217
    Print Single-Page Version
    2421 3rd Avenue Detroit, MI 48201 | for Sale | Photo 1
    Building Size: 12,300 SF
    Lot Size: 0.420 AC
    Land Size: 18,295 SF
    Building $/SF: $80.49
    Land $/SF: $54.11
    Price
    $990,000
    Description

    The subject redevelopment opportunity includes a 12,300 square foot building at 828 Fisher as well as an adjacent piece of vacant land at 2421 Third located in the heart of Downtown Detroit on the corner of the Fisher Freeway Service Drive and Third Street.The site is arguably one of the most well-located redevelopment locations listed in Detroit since ‘the comeback’ began several years ago. The strength of the location allows for several different development opportunities: redevelopment of existing building or demolition and ground-up construction. The property could potentially be redeveloped into mixed-use, retail/multi-family, retail/office or single-tenant retail. Please visit www.fisherthird.com for more information.

    Attachments & Files
    22483101detroit828fisher2421third-aBI-HN3.pdf

    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 2421 3rd 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 Population16,59189,946243,946
    Population Median Age383837
    Population by Age0-9 Yrs1115 (6%)9490 (10%)32905 (13%)
    10-19 Yrs931 (5%)9088 (10%)31598 (12%)
    20-29 Yrs5258 (31%)20328 (22%)43112 (17%)
    30-39 Yrs2919 (17%)12219 (13%)32234 (13%)
    40-49 Yrs1500 (9%)9642 (10%)26914 (11%)
    50-59 Yrs1682 (10%)10482 (11%)29000 (11%)
    60-69 Yrs1996 (12%)10560 (11%)27483 (11%)
    70+ Yrs1190 (7%)8136 (9%)20701 (8%)
    Median HH Income$34,429$29,027$28,715
    Total Household Income< 24K3933 (43%)20245 (45%)45430 (44%)
    25-49K1454 (15%)9719 (21%)25655 (25%)
    50-74K1211 (13%)5600 (12%)12903 (12%)
    75-99K962 (10%)3537 (7%)7369 (7%)
    100-199K1149 (12%)4062 (9%)7798 (7%)
    200K+417 (4%)1197 (2%)1969 (1%)
    Highest Education LevelNo Diploma16791104338572
    Diploma or GED24421492244873
    Some College27111361033267
    Assoc. Degree60336408798
    Bachelors Degree27501029218978
    Higher Degree2269865114399
    Total Housing Units11,78457,355142,722
    --Owner-Occupied1,30010,68037,242
    --Renter-Occupied7,82433,68063,881
    Owner-Occupied Values< 100K227521226854
    100-199K24523494962
    200-299K36716412588
    300-399K2197811442
    400-499K127361641
    500K+114337754
    Total Working Age Population14,95975,901193,385
    In Work Force8,80642,180100,119
    Not In Work Force6,15333,72093,266
    Workforce Employed8,17937,53588,184
    Workforce Unemployed6084,62511,874
    Civlian Workforce8,78742,159100,058
    Military Workforce202161
    Total Households9,12444,361101,123
    Family Households1,95814,69543,818
    Non-Family Households7,16629,66657,306
    Married Couple8816,18620,639
    Other Family1,0788,50923,178
    Married w/Child1671,9889,504
    Single Male w/Child354611,887
    Single Female w/Child6204,1459,560

    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:

    Total Households:

    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 2421 3rd Avenue in Detroit?
    The asking price for 2421 3rd Avenue is $990,000
    What is the building size of this Retail property in Detroit, MI?
    The size of the building/unit at 2421 3rd Avenue in Detroit is 12,300 square feet
    How much land does the Detroit, MI property at 2421 3rd Avenue include?
    2421 3rd Avenue in Detroit includes 0.420 acres of land
    What kind of Retail is the propery at 2421 3rd Avenue?
    The property at 2421 3rd Avenue Detroit, MI 48201 is listed as a Other Retail Retail property
    What is the population within 1 mile of 2421 3rd Avenue in Detroit?
    The population within 1 mile of 2421 3rd Avenue Detroit, MI 48201 is 16,591 people.
    Who do I contact for questions about 2421 3rd Avenue?
    You should contact the listing agent, Griffin Pitcher, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 17
    Toledo Express Airport (TOL) 64
    Cleveland Hopkins International Airport (CLE) 89
    Price
    $990,000
    Listing Agent
    Griffin Pitcher - CRE Agent at

    Griffin Pitcher

    Signature Associates

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