MI
Wayne
Detroit City
48209
2305-2321 Junction Street
2305-2321 Junction Street, Detroit City, MI 48209
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Listing Type
Commercial/Industrial
Listing Status
active
20
$599,000

Home Details for 2305-2321 Junction Street

Price
$599,000
Type
Commercial Sale
Bedrooms
3
Bathrooms
Square feet
5300
Year built
1905
Lot size acres
0.09
County
Wayne
Garage
Days on site
40
MLS Listing#
20251045064
Property Description

Introducing 2305-2321 Junction Street — a rare multi-parcel commercial property in the heart of Detroit’s bustling Southwest neighborhood. Situated on three contiguous parcels (each approx. 31 × 114 ft, combined 0.09 acres), this impressive two-story block structure offers over 5,300 sq ft of functional space with versatile B4 General Business Zoning, allowing for a wide variety of uses including retail, medical, service, office, and multi-unit residential conversions. The property currently features five total units, 3 apartments and 2 retail, three of which are leased, potentially producing an annual gross income of $72,000 and a net operating income of $54,000. Each of the three 1-bedroom apartments is approximately 750 sq ft, complemented by flexible commercial suites ideal for storefronts or professional offices. On-site and street parking, alley access. Included are 3 additional parcels adjacent for parking or expansion. Located just steps from Vernor Highway’s retail corridor, the property is surrounded by thriving local businesses, restaurants, and cultural attractions such as Taqueria Mi Pueblo, Armando’s, and Clark Park. The area benefits from excellent access to I-75, Michigan Avenue, and the Ambassador Bridge, providing steady traffic flow and connectivity to Downtown Detroit and Dearborn. Whether you’re an investor seeking immediate cash flow or an owner-operator looking to establish a flagship location, this Junction Street gem offers the flexibility, location, and zoning to support long-term appreciation.

Property Features
  • Parking
    • Alley Access
    • Lighted
    • Parking Lot
    • On Site
    • On Street
  • Heating Information
    • Baseboard
    • Forced Air
    • Natural Gas
    • Radiant
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: EXP Realty Main - 888-501-7085
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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