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For Sale

River Rouge - Freestanding Retail/Office Building

235 Burke Street,
River Rouge, MI 48218

Asset Snapshot

Offering Summary

Investment Overview

Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traffic count of 4,562+ vehicles per day. Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the adjacent land for additional parking if desired by a high parking-intensive user. Strong synergy in the immediate marketplace surrounded by a dense residential population and several national tenants. Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, office, and multi-family. Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/office users, and multi-family developers.


Investment Highlights

  • Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traffic count of 4,562+ vehicles per day.
  • Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the adjacent land for additional parking if desired by a high parking-intensive user.
  • Strong synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.
  • Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, office, and multi-family.
  • Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/office users, and multi-family developers.

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Listing Syndicated From

Buildout
For Sale
$249,999
Asking Price