Conner Avenue Square + Development Land - Commercial Real Estate Services | Friedman Real Estate | Commercial Real Estate Services | Friedman Real Estate

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For Sale

Conner Avenue Square + Development Land

4673-4729 Conner Street
Detroit, Michigan 48215
For Sale

Conner Avenue Square + Development Land

4673-4729 Conner Street
Detroit, Michigan 48215

- Property Information

eCODE 671
County: Wayne
Property Type: Retail
Total Building SF: ± 40,253 SF
Occupancy Rate: 100%
Sale Price: TBD

- Property Details

Occupancy Type: Multi Tenant
Year Built: 1961
Year Renovated: 2008
# Acres: 17.26
Zoning: M-4 (Ranges From B-4 To Intensive Industrial)
Parcel ID: 21-046423-001 (±7.87 Acre Development Site)21-046-423-002-B (±7
Parking Type: Surface
# Spaces: 700

- Additional Information

  • 100% occupied ±40,253 SF neighborhood retail center anchored by Save-A-Lot and Dollar General
  • Significant value-add opportunity with ±9.4 acres available for future commercial development (M-4 zoning: facility usage ranges from B-4 to Intensive Industrial)
  • ±17.26 total acres included in the sale
  • Historically high occupancy with a diverse mix of local and national retailers
  • Limited competing retail in the immediate trade area
  • Adjacent to the State of Michigan office, which sees extensive walk-in and employee traffic
  • Situated just minutes from the Chrysler Jefferson North Assembly Plant, which employs ± 5,000 UAW workers
  • Located in close proximity to the resurging Downtown Detroit and affluent Grosse Pointe neighborhoods
  • Excellent urban demographics and strong traffic counts
  • Asset will be sold at auction through Ten-X.com on
    October 25, 2017

 

- For more information, contact:

Steven Silverman

Joel Kestenberg

248.324.2000 Request a call