100 Michigan AveDetroit, MI 48226

Property Details for 100 Michigan Ave

Year built

1938

Lot size

0.15 AC

Property size (Sq ft)

12,894 SF

Zone code

B5

Property type

Commercial real estate

APN

02000264-6

APU

20002646

Description

This exceptional 20,756-square-foot retail space, located at 100 Michigan Ave in Detroit, Michigan, presents a unique investment opportunity. Housed in the historic First Independence Bank Building, this property offers multiple spaces for lease, ranging from a minimum of 6,345 square feet up to the entire 20,756 square feet. Currently, the entire building is vacant, providing a blank canvas for a single large tenant or the potential for multiple smaller businesses. Built in 1915, the building sits on a 0.15-acre lot and is zoned B5, offering flexibility for a variety of commercial uses. The property's prime location in downtown Detroit provides excellent visibility and accessibility. The address is 100 Michigan Ave, Detroit, MI 48226, with Wayne County Assessor's Parcel Number (APN) 23-00-201-80-22F. This is a rare chance to acquire a significant retail presence in a vibrant urban setting. The building's historical character combined with its modern adaptability makes it an ideal location for businesses seeking a unique and prominent space. The entire building is available for lease, offering unparalleled flexibility for a variety of commercial ventures. Serious inquiries are encouraged to explore this exceptional opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $2,655,084

  Hospitality

  $2,432,042

  Educational

  $2,023,431

  Medical

  $2,093,020

  Retail

  $3,147,559

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3319

Longitude

-83.0482

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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