Heather Hosking - Arterra Realty Logo
$339,000
( $44.15Per Sq Foot )
 $1,820 est/mo Sourced by Back At You

20650 Fenkell Avenue,Detroit, MI 48223

Detroit, MI 48223

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Description

EXCELLENT OPPORTUNITY TO OWN A SPACIOUS 8,000 SQ FT COMMERCIAL BUILDING LOCATED IN DETROIT'S WEST SIDE FENKELL CORRIDOR. THE PROPERTY OFFERS GREAT VISIBILITY AND FRONTAGE ALONG A MAJOR THOROUGHFARE WITH CONSISTENT TRAFFIC AND LONG-TERM REDEVELOPMENT POTENTIAL. IT IS RIGHT ACROSS FROM A POST OFFICE. OPEN LAYOUT IDEAL FOR RETAIL, STORAGE, WAREHOUSE, OR LIGHT INDUSTRIAL USES. SOLID STRUCTURE. 24 PARKING SPACES. ZONED B-4 - GENERAL RETAIL. MOST RECENT KNOWN BUSINESS. A 2022 REAL-ESTATE LISTING DESCRIBES THE PROPERTY AS A GROCERY STORE WITH: LOTTERY SALES GENERATING ABOUT $50,000.00 ANNUALLY WHICH GIVES A GOOD BASE. A PERFECT OPPORTUNITY FOR AN INVESTOR OR BUSINESS OWNER LOOKING TO RENOVATE AND ADD VALUE IN A GROWING CORRIDOR. RPR GIVES IT A FINANCIAL RISK SCORE OF 217. YOU WILL NEED TO SIGN A WAIVER BEFORE HAVING A SHOWING OF THIS PROPERTY. PLEASE GO TO "DOC'S" AND PULL DOWN A COPY OF THE WAIVER, SIGN, AND EMAIL IT TO ME. THANK YOU. THIS IS BEING SOLD "AS-IS"

Details

MLS #60959583
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site310
Listing Provided ByKeller Williams HomeTowne | Richard Alliston

Features

SQ Feet7,679
ZoningCommercial
Acreage0.71

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

RoofOther-See Remarks
Security FeaturesSecurity Lights
Foundation DetailsSlab

Other

List AorReal Comp

Taxes

Property10908

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48223
AreaDetroit (82001)
Listing VS Median (in 48223)
Price:
$339,000
low | high
Med:
$99,950
100% of Average
sqft:
7,679
low | high
Med:
1,293
100% of Average
$ / sqft:
$44
low | high
Med:
$77
25.101114079067% of Average
On site:
310
low | high
Med:
60
100% of Average
Sourced by Back At You

Market Activity 48223

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Additional Information

Showing Information

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Learn More About This Property

Heather Hosking

Heather Hosking

Arterra

432975 (586) 489-7725heather.hosking@arterrarealty.com
StateMI
CountyWayne
CityDetroit
Zip Code48223
AreaDetroit (82001)
Listing VS Median (in 48223)
Price:
$339,000
low | high
Med:
$99,950
100% of Average
sqft:
7,679
low | high
Med:
1,293
100% of Average
$ / sqft:
$44
low | high
Med:
$77
25.101114079067% of Average
On site:
310
low | high
Med:
60
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $254K - $423K
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
20650 Fenkell Avenue Property Photo 1
$339,000
20650 Fenkell Avenue
Detroit, MI 48223
Listing Updated: October 19, 2026 at 10:59:54 AM PDT