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Highly Visible Mixed-Use Opportunity - Detroit, MI
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Wayne County
Detroit, MI -
Auction #433-1
Commercial Property -
Interior Space:
± 13,800 SF -
Lot Size:
±0.60 acres -
Transaction Fee:
5% (Min $25,000) -
Broker3%
Co-op:
Commercial Property For Sale in Detroit, MI
Highly Visible Mixed-Use Opportunity - Detroit, MI
6406 Michigan Ave, Detroit, MI 48210RE/MAX Commercial Connection and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus® Event (allows for contingencies) for a mixed-use building in Detroit, MI.
Looking for an opportunity that will not require a lot of high-cost construction? This is a beautiful building located next door to the historic Senate Theatre. The retail component of this property is turnkey. Also providing an upside opportunity for more revenue at the upper level. There are two large areas that could be converted into Lofts, and offers a 2+ car heated garage and rear entrances are located within a gated parking lot.
This is like no other property in the area. Leverage avoiding some of today's high construction costs.
GREAT VISIBILITY ALONG MICHIGAN AVENUE!
Most of the heavy lifting has been done by the current owner.
INVESTMENT HIGHLIGHTS
- Highly visible and desirable corner location on Michigan Ave makes this a great redevelopment opportunity
- Located half a mile away from I-94 and just west of Livernois on Michigan Ave
- Zoning: B-4 (General Business District) and R-2 (Two-Family Residential District)
- Five retail units on the main level and two large areas on the second level that could be converted into lofts
- 2+ car heated garage is available as well as a large gated secure lot + plenty of public street parking (not metered)
- Updated with security, HVAC, plumbing, interior work, back-up generator, exterior lights and 6406 are LED
- Next door to the historic Senate Theater
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: RE/MAX Commercial Connection, MI # 6505399637
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
We have reached our bid deadline and the seller is reviewing the bids received. It’s not too late to submit your bid. Please immediately contact the Event Manager listed below if you wish to place a bid or would like additional information.
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How to Buy
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Detroit, MI 48210
-
Wayne County
Detroit, MI -
Property Type:
Commercial Property -
Interior Space:
± 13,800 SF -
Lot Size:
±0.60 acres -
Transaction Fee:
5% (Min $25,000) -
Broker Co-op:
3.00%
RE/MAX Commercial Connection and the Future of Real Estate (FRE) are pleased to present the Online Auction Plus® Event (allows for contingencies) for a mixed-use building in Detroit, MI.
Looking for an opportunity that will not require a lot of high-cost construction? This is a beautiful building located next door to the historic Senate Theatre. The retail component of this property is turnkey. Also providing an upside opportunity for more revenue at the upper level. There are two large areas that could be converted into Lofts, and offers a 2+ car heated garage and rear entrances are located within a gated parking lot.
This is like no other property in the area. Leverage avoiding some of today's high construction costs.
GREAT VISIBILITY ALONG MICHIGAN AVENUE!
Most of the heavy lifting has been done by the current owner.
INVESTMENT HIGHLIGHTS
- Highly visible and desirable corner location on Michigan Ave makes this a great redevelopment opportunity
- Located half a mile away from I-94 and just west of Livernois on Michigan Ave
- Zoning: B-4 (General Business District) and R-2 (Two-Family Residential District)
- Five retail units on the main level and two large areas on the second level that could be converted into lofts
- 2+ car heated garage is available as well as a large gated secure lot + plenty of public street parking (not metered)
- Updated with security, HVAC, plumbing, interior work, back-up generator, exterior lights and 6406 are LED
- Next door to the historic Senate Theater
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: RE/MAX Commercial Connection, MI # 6505399637
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.