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Redevelopment Opportunity

2 Retail Properties Offered at £2,428,230 in Detroit, MI

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Investment Highlights

Redevelopment Opportunity

Executive Summary

This property is located at the southeast corner of McNichols Road and Schaefer Highway and is an excellent opportunity for a redevelopment. Having great exposure, this site is located across from Detroit Medical Center Sinai Grace Hospital. Two concept site plans have been designed, one with a bank and another with a drug store at the corner and both having additional retail. The location has abundant parking, excellent demographics, and good visibility. This property is zoned B3.
Aprox. 5.29 Acres for redevelopment. Located at the southeast corner of W. McNichols Road and Schaefer Highway.

Marketing Brochure/Flyer

Property Facts

Price	£2,428,230	Number of Properties	2
Price / SF	£51.32 / SF	Individually For Sale	0
Sale Conditions	Development Sale	Total Building Size	47,311 SF
Sale Type	Investment	Total Land Area	3.28 AC
Status	Active

Price	£2,428,230
Price / SF	£51.32 / SF
Sale Conditions	Development Sale
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	47,311 SF
Total Land Area	3.28 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
16910-16940 Schaefer Hwy, Detroit, MI 48235	Retail	16,340 SF	1940	-
13503-13505 W McNichols Rd, Detroit, MI 48235	Retail	30,971 SF	1979	-

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