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2334 Michigan Ave 2,700 SF Retail Building Detroit, MI 48216 $786,864 CAD ($291.43 CAD/SF)
Investment Highlights
- Positioned in the heart of Corktown with frontage along Michigan Avenue, ensuring strong visibility.
- Included in the listing are two contiguous parcels (2330 and 2334 Michigan Avenue) increasing development flexibility.
- Surrounded by a vibrant amenity base including popular dining destinations such as Slows BBQ, Mercury Burger Bar, Takoi, and Two James Spirits.
- Former bar with adaptable layout suited for hospitality, retail, or creative commercial concepts.
- Located near transformational projects such as Ford’s Michigan Central Station redevelopment and the Southwest Greenway.
- Opportunity Zone designation provides potential tax incentives for qualifying investors.
Executive Summary
This former 2,700-square-foot bar sits on a 0.207-acre site (9,017 square feet) in the heart of Corktown. Surrounded by significant investment and redevelopment activity, the property offers an opportunity for an owner-user, investor, or developer seeking a well-positioned asset in one of Detroit's most sought-after districts. The flexible building layout and prominent Michigan Avenue frontage lend themselves to a variety of commercial, hospitality, retail, or adaptive reuse applications. The offering includes 2330 and 2334 Michigan Avenue. Neighbors: Michigan Central Station, Ford Motor Company, Level 3 Communications, Southwest Greenway, Honeybee Market, Airspace Link, Ford Motor Co.'s Book Depository, New Lab Michigan Central, Detroit Bus Company, IMA, Slows BBQ, Metropolis Cycles, Mercury Burger Bar, Grandma Bob's, Corktown Health Center, Detroit Public Safety Academy and UPS Detroit International Import Hub
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,700 SF
Building Class
C
Year Built
1953
Price
$786,864 CAD
Price Per SF
$291.43 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
B4 - Commercial Zoned District
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-00027-980 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $207,796 CAD |
Property Taxes
Parcel Number
10-00027-980
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$207,796 CAD
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2334 Michigan Ave
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