For Sale
$175,000

3536 Michigan Ave Detroit, MI 48216

Prime Corktown location, 915 sq ft, updated.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This vacant, 915-square-foot retail building, located at 3536 Michigan Ave in Detroit, Michigan, presents a unique investment opportunity. Built in 1941 and extensively renovated in 2022, the property boasts a new roof and updated electrical systems, ready for immediate occupancy. The single-story building sits on a 1,000-square-foot lot and is zoned B4. Its prime location in Detroit's vibrant Corktown neighborhood places it within close proximity to numerous high-profile businesses and attractions, including Ford Motor Company, Michigan Central Station, the new Detroit City FC stadium, and a variety of popular restaurants and shops. The property's single-tenant occupancy and Net NNN lease type offer straightforward ownership. The asking price is $175,000. The property's APN is 12-000362. This is an exceptional chance to acquire a well-maintained, updated building in a rapidly developing area with significant growth potential. The building's proximity to major employers and entertainment venues makes it an attractive proposition for a variety of businesses.

Highlights

  • $175,000 asking price for a 915-square-foot retail building.
  • Located at 3536 Michigan Ave, Detroit, MI 48216.
  • Vacant, single-tenant, NNN lease.
  • Features a new roof and updated electrical; renovated in 2022.
  • Situated on a 1,000-square-foot lot, with B4 zoning.
  • Close proximity to Ford Motor Company, Michigan Central Station, and the new Detroit City FC stadium.

Property Details for 3536 Michigan Ave

Property type
Retail properties, Restaurants
Square Feet
915 SF
Year Built/Renovated
1941/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3316088
Longitude
-83.0926989

FAQs

What type of property is this?
Retail property - Prime Corktown location, 915 sq ft, updated.
Where is the retail property located?
The property is located at 3536 Michigan Ave Detroit, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: $175,000 asking price for a 915-square-foot retail building.; Located at 3536 Michigan Ave, Detroit, MI 48216.; Vacant, single-tenant, NNN lease.
How can I contact the broker?
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3536 Michigan Ave
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