15354 S. Dixie Highway

Retail-Commercial for Sale
Catylist Listing ID: 30046030
Property Subtypes: Retail-Pad
Building Size (RSF): 20,234 SF
Gross Land Area: 4.99 Acres
Sale Price: $1,500,000
Unit Price: $74.13 PSF
Ceiling: 18 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Carite Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/13/2018

Overview / Comments

Rare redevelopment opportunity in Monroe, MI. Beautiful retail building in great condition, which provides almost 5 acres for retail development on S. Dixie Highway. Approximately 248 parking spaces currently on-site and available. Property is approximately 1/4 mile to traffic light at Dunbar Road and 2 1/2 miles to I-75 expressway. Site promotes excellent signage opportunity both on Box/Channel Lettering and Pylon. With over 200’ of frontage, this opportunity is great for a variety of retail usage including: restaurant, hotel, redevelopment retail center, sporting good facility, outdoor/recreational retailer and so much more. Site has: 35,055 people and $49,043 median household income within a three-mile radius.

Additional Details

Nearest MSA: Monroe
County: Monroe
Submarket/Township: Monroe County
Taxing Authority: Monroe Township
Tax ID/APN: 12 010 329 10
Zoning: C-2
Largest Nearby Street: E. Dunbar Rd
Traffic/Vehicle Count: 13,700
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1974
Year Renovated: 2014
Construction/Siding: Block
Exterior Description: Stucco/Concrete Block
Total Parking Spaces: 248
Parking Type: Surface
Parking Description: Ample
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,134 38,879 53,662
Median Age: 41.7 37.99 39.11
Households: 2,207 15,472 21,087

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
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