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Multi-tenant Office/Retail Building - Stabilized Income with Upside Investment Potential

$12/sqft/yr

4737 Conner St, Detroit, MI 48215

Active
Last Updated: 03/17/2025

43,550 sqft

Building Size

B

Class

Details:
Building Size:    43,550 sqft
Class:    B
Occupancy:    83%
Year Built:    1976
Parking Spots:    330
Highlights:
  • Stabilized investment with upside potential
  • Strong NOI of $417,445.55
  • Impressive 83% occupancy for consistent income
  • Ideal vacancy for retail, office, or warehouse utilization
  • M4 zoning for diverse use
  • Established credit tenant in place since 2009
  • High-traffic area anchored by a national grocery store
Description:

This 7,275 SF space is perfectly suited for retail, office, or warehouse use, with a shell condition space is ready for a customizable build-out. Boasting M4 zoning and abundant parking, this property offers convenience and flexibility for various business ventures. Its proximity to the Chrysler and Stellantis Plants provides a strategic advantage for businesses seeking strong auto industry connections. Don't miss the chance to tailor this space to suit your unique business needs and elevate your operations in this prime location.

Some permitted uses include motor vehicle/boat sales, financial services, event space, a trade school, a union hall, a non-profit organization headquarters, an urgent care-medical clinic, a church, a print shop, a radio station, storage, bakeries, an art gallery, a machine shop, and apparel manufacturing, etc

This building is surrounded by retail, public service offices, fast food, residential, and senior housing. The newly constructed Stellantis Plant is next door and Chrysler Manufacturing is nearby. High traffic counts on Conner immediately lead to I-94 freeway access and Jefferson Ave. Surrounding retail includes restaurants, clothing, furniture, national grocery, nail salons, and more!

Map:
1 Space Available

4737 Conner St Free Standing

Available:
Immediately
Sublease:
No
SQFT
7,275
Lease Type:
Gross
Documents:
Title
Brochure
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Location
Gallery