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Investment Highlights

  • An intimate, high-end boutique hotel residence known for its bespoke experience and discerning clientele.
  • Located in the heart of Corktown with 4-car garage, the property is surrounded by Detroit’s most celebrated destinations
  • Flexibility to use the space as an owner occupant, business, mixed-use, single occupant, rental

Executive Summary

A rare opportunity to own one of Detroit's most distinctive offerings—a curated 2,000 sq ft penthouse residence atop the iconic Blanco Building in the heart of Corktown, complete with 3,230 sq ft of premier ground-floor commercial space, a private courtyard, and an attached four-car garage.
The exceptional 3 bedroom penthouse that feels more like a private Soho-inspired residence. Encompassing over 2,000 sqft of indoor-outdoor living (1,000 sqft terrace), the home was thoughtfully designed for those who appreciate architecture, design, wellness, and effortless entertaining.
10FT ceilings, abundant natural light, original skylights, early-1900s ceiling medallions, pocket doors, chair rail detailing, and tongue-and-groove longleaf heart pine flooring create a rich dialogue between historic character and contemporary luxury. Every room has been intentionally curated with Soho Home furnishings & designer fixtures.
The chef's kitchen is equally refined and functional, featuring quartzite countertops, a dramatic island with integrated sink, Wolf double ovens, a built-in Bosch refrigerator, and an Elkay reverse-osmosis water station—perfectly suited for intimate dinners or large-scale entertaining.
The primary suite is a private retreat with an adjoining sitting room with original pocket doors, a dedicated workspace, and a custom walk-in wardrobe complete with in-suite laundry. The spa-inspired bath features marble countertops, handcrafted zellige tile, a generous walk-in shower beneath a skylight, and full-length mirrors that enhance the serene atmosphere.
A beautifully appointed secondary bedroom is complemented by an oversized powder room with a double vanity and dedicated makeup area, while the home's Four Seasons sunroom and dedicated wellness room is equipped with an infrared sauna, Peloton, and treadmill.
The commercial space can remain income-producing or be transformed into retail space, gallery/studio, hospitality venue or an extension of the residential unit. Possibilities are endless.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,149 SF
Building Class
C
Year Built
1905
Price
$2,529,400 CAD
Price Per SF
$411.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.57
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
B4 - The current legal, conforming use of the subject property is ‘Retail with Multi-Family Dwelling (2 units)’ per building permit 34326 issued 09/17/1954
Frontage
43’ on Michigan Ave

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Detroit Wick
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • The1RoomHotel
  • Rental and Leasing Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Detroit Wick Manufacturing 99,999 SF - Lorem Ipsum -
The1RoomHotel Rental and Leasing Services 99,999 SF - Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 800-3,230 SF
  • Retail
  • -
  • 30 Days

Prime Ground-Floor Commercial Space in the Iconic Blanco Building Position your business at the intersection of history, design, and modern hospitality with 3,230 square feet of premier ground-floor commercial space in Corktown’s iconic Blanco Building. Thoughtfully restored to honor its heritage while meeting modern standards, the Blanco Building stands as a pillar of Corktown’s resurgence.The space offers a compelling canvas to transform a visionary concept into an elevated retail, hospitality, or experiential destination that aligns with Corktown’s sophisticated and design-driven energy. Above the space sits The 1 Room Hotel, an intimate, high-end boutique hotel known for its bespoke experience and discerning clientele. This creates a unique opportunity to serve a built-in audience of travelers seeking premium, locally rooted offerings—whether through concierge-aligned services, specialty retail, or curated food and beverage concepts that enhance the guest experience. Located in the heart of Corktown, the property is surrounded by Detroit’s most celebrated destinations, including the revitalized Michigan Central Station and forthcoming hotel, renowned culinary institutions, vibrant cultural venues, and a steady flow of local residents, professionals, and visitors drawn to the neighborhood’s dynamic energy. Property is mere minutes from bustling downtown Detroit, the brand new riverfront Ralph C. Wilson Centennial Park, Detroit Riverwalk, and Southwest Greenway.

Space Size Space Use Position Available
1st Floor 800-3,230 SF Retail - 30 Days

1st Floor

Size
800-3,230 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 800-3,230 SF
Space Use Retail
Position -
Available 30 Days

Prime Ground-Floor Commercial Space in the Iconic Blanco Building Position your business at the intersection of history, design, and modern hospitality with 3,230 square feet of premier ground-floor commercial space in Corktown’s iconic Blanco Building. Thoughtfully restored to honor its heritage while meeting modern standards, the Blanco Building stands as a pillar of Corktown’s resurgence.The space offers a compelling canvas to transform a visionary concept into an elevated retail, hospitality, or experiential destination that aligns with Corktown’s sophisticated and design-driven energy. Above the space sits The 1 Room Hotel, an intimate, high-end boutique hotel known for its bespoke experience and discerning clientele. This creates a unique opportunity to serve a built-in audience of travelers seeking premium, locally rooted offerings—whether through concierge-aligned services, specialty retail, or curated food and beverage concepts that enhance the guest experience. Located in the heart of Corktown, the property is surrounded by Detroit’s most celebrated destinations, including the revitalized Michigan Central Station and forthcoming hotel, renowned culinary institutions, vibrant cultural venues, and a steady flow of local residents, professionals, and visitors drawn to the neighborhood’s dynamic energy. Property is mere minutes from bustling downtown Detroit, the brand new riverfront Ralph C. Wilson Centennial Park, Detroit Riverwalk, and Southwest Greenway.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Nearby Major Retailers

Citizens
Chase
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
10-000264
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$216,416 CAD
  • Listing ID: 41293523

  • Date on Market: 2026-07-15

  • Last Updated:

  • Address: 2564 Michigan Ave, Detroit, MI 48216

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