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The Zeitgeist 2647-2661 Michigan Ave 4,035 SF Vacant Retail Building Detroit, MI 48216 $1,000,841 CAD ($248.04 CAD/SF)
Executive Summary
An exceptional opportunity to own a 4,035-square-foot retail building just steps from Ford’s Michigan Central Station in the heart of Corktown. This flexible property offers the potential to be reconfigured into up to three distinct retail spaces, making it ideal for a variety of uses. The building features original hardwood floors, exposed brick walls, and other characterful architectural elements. Recent upgrades include improvements to the HVAC and electrical systems, offering a solid foundation for continued investment or adaptive reuse.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,035 SF
Building Class
C
Year Built
1927
Price
$1,000,841 CAD
Price Per SF
$248.04 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
3 Spaces (0.74 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Polymath Development Company, LLC
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Polymath Development Company, LLC | Public Administration | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-000246 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $285,895 CAD |
Property Taxes
Parcel Number
10-000246
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$285,895 CAD
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The Zeitgeist | 2647-2661 Michigan Ave
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