3338 Bagley StDetroit, MI 48216

Property Details for 3338 Bagley St

Lot size

0.06 AC

Zone code

B4

Property type

Commercial land

APN

12000261.

APU

12000261

Description

This exceptional 0.14-acre commercial land parcel, located at 3338 and 3342 Bagley Street in Detroit, Michigan, presents a unique investment opportunity. Situated in the vibrant Mexicantown/Southwest Detroit neighborhood, this property boasts a prime location within the B-4 General Business District zoning. The site consists of two parcels (APN 12000255-60 and 12000261), totaling 0.14 acres and featuring a paved parking lot. Parcel 12000255-60 (3342 Bagley St) encompasses 0.076 acres (3,311 square feet), measuring approximately 110 feet deep by 30 feet wide. Parcel 12000261 (3338 Bagley St) covers 0.058 acres (2,510 square feet), with dimensions of approximately 251 feet deep by 10 feet wide. The property benefits from its high walkability and bikeability scores (80-81 out of 100), excellent transit access, and proximity to major freeways (I-75 and I-96). This location is surrounded by a thriving commercial corridor, including numerous restaurants, cafes, and other businesses, and is just blocks from Corktown. Nearby amenities include parks such as Stanton Park, Macomb Park, and Clark Park. The area also features established businesses like Los Galanes Mexican, La Gloria Bakery, Xochimilco, and La Michoacana Tortilla Factory. The asking price for this exceptional property is $450,000. This presents a rare chance to acquire a strategically located commercial land parcel in a rapidly developing area with high residential property values ranging from $90,000 to $160,000.

• Alternative Use

  Use

  Valuation

  Residential

  $560,031

  Hospitality

  $512,985

  Educational

  $426,798

  Medical

  $441,476

  Retail

  $663,908

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3238

Longitude

-83.0844

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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