Description

Former Vince's Italian Restaurant is a vacant retail property offered for sale at 1341 Springwells St in Detroit, MI 48209. Its 9,472 SF of gross leasable area is available, giving a buyer the full property to plan around rather than an occupied tenancy.

Built in 1971, the Property sits on 0.49 acres and has 204 ft of frontage. That frontage gives a retail owner a substantial street-facing presence, while the available gross leasable area supports a plan for the building as a whole. Parking totals 40 spaces, with a ratio of 4.22 per 1,000 SF, making on-site parking part of the property's operating picture. B4 General Business District zoning is an important starting point for a buyer defining the next use; any specific plan should be grounded in that designation rather than the building's former restaurant identity.

The sale is offered without an asking price. For an owner-user, the full-building availability allows a property plan to be developed without working around an existing occupant. For an investor, the vacancy puts the focus on the building, land, frontage and parking rather than in-place income. The former restaurant identity gives the Property a recognizable starting point, but the acquisition decision turns on how a buyer intends to use its 9,472 SF and 0.49-acre site. This is an opportunity to take control of a vacant Detroit retail property and set its next direction.