For Sale
$399,000

2846 Trumbull St Detroit, MI 48216

Prime Detroit location, vacant, high development potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property at 2846 Trumbull Avenue in Detroit, Michigan, presents a compelling investment opportunity. Located directly adjacent to the Motor City Casino, this 2,391 square foot building sits on a substantial 2,391-acre lot. Built in 1915, the property is currently vacant, offering a blank canvas for redevelopment. The asking price is $399,000, translating to $166.88 per square foot. The property's zoning, Special Development District-Mixed Use (SD2), allows for a wide range of uses. Potential projects could include a drive-through restaurant, liquor store, a multi-family building with ground-floor retail space, or a laundromat, among other possibilities. The building's history includes a long-standing operation as a liquor store for over 50 years, although the liquor license is no longer active. This prime location and flexible zoning make this a highly attractive proposition for developers seeking a high-impact project in a vibrant Detroit neighborhood. The property's size and proximity to the Motor City Casino offer significant advantages for attracting customers and maximizing return on investment. This is a rare chance to acquire a substantial property in a high-traffic area with immense potential for future growth. The property's address is 2846 Trumbull, Detroit, MI 48216.

Highlights

  • Exceptional mixed-use investment opportunity in Detroit, MI.
  • 2,391 sq ft building on a 2,391 sq ft lot (Note: discrepancy in lot size likely a data entry error, verify with listing).
  • Vacant, 1915 construction, offering redevelopment potential.
  • Asking price: $399,000 ($166.88/sq ft).
  • SD2 zoning allows for various uses (e.g., drive-through, multi-family with retail).
  • Prime location adjacent to Motor City Casino.

Property Details for 2846 Trumbull St

Property type
Retail properties, Mixed-use properties
Square Feet
2,391 SF
Year Built
1915
Buildings
1
Lot Size (sq. ft)
104,151,960 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3379024
Longitude
-83.07026

FAQs

What type of property is this?
Retail property - Prime Detroit location, vacant, high development potential.
Where is the retail property located?
The property is located at 2846 Trumbull St Detroit, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Detroit, MI.; 2,391 sq ft building on a 2,391 sq ft lot (Note: discrepancy in lot size likely a data entry error, verify with listing).; Vacant, 1915 construction, offering redevelopment potential.
How can I contact the broker?
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2846 Trumbull St
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