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$ 800,000
Est. payment /mo
Active
2538 Michigan Avenue Detroit, MI 48216
2,016 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $396
MLS Listing ID 20261023013
Year Built 1916
Annual Tax Amount $654
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 20X100
Source Realcomp
Property Description
Located on prime Michigan Avenue in the heart of Corktown, this rare mixed-use investment delivers the scale, location, and upside serious investors are chasing. The property features 2 commercial storefronts, 2 residential units, and additional vacant land—creating immediate income potential with long-term value growth.The included vacant land offers a privately fenced lot with alley access, ideal for secure parking, tenant amenities, or future development—an increasingly rare advantage in a high-demand corridor where space is limited and values continue to rise. Positioned just steps from Michigan Central Station and the future Detroit City Football Club Stadium, this asset sits at the center of billions in redevelopment. Surrounded by some of Detroit's most popular restaurants, bars, and retail, the location drives strong foot traffic, tenant demand, and long-term appreciation. This is more than real estate—it's a strategic foothold in Detroit's fastest-growing corridor. Opportunities like this on Michigan Avenue are extremely limited and rarely come to market.Seller is highly motivated and ready to sell—bring your strongest offer. Buyer's agent must be present for all showings. All measurements are estimated; Buyer to Verify All Information (BATVAI).Property is being sold ONLY as a package with 2532, 2526, and 2544 Michigan Avenue for $2,000,000.
Location
State MI
County Wayne
Zoning Commercial
Direction N of Michigan/W of Rosa Parks
Rooms
Basement Basement
Exterior
View Y/N No
Building
Foundation Block
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W10I000268S
Listed by DTW Experts LLC
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