Explore this prime 2,742 SF Retail / Street Retail property in Detroit, MI. With 2 units, built in 1980, and 100% occupancy, this investment opportunity offers immediate returns. Position yourself in the heart of Detroit's vibrant retail scene and benefit from the area's economic growth.
Detroit, MI is a vibrant city known for its rich cultural heritage, iconic music scene, and diverse culinary offerings. As the birthplace of Motown music, Detroit has a storied history and continues to be a hub for artistic expression and innovation. The city boasts a range of attractions, from world-class museums and theaters to vibrant neighborhoods and bustling retail districts. With its dynamic energy and exciting revitalization, Detroit offers a compelling environment for both residents and visitors alike.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
