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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
60’ on Michigan

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

Citizens
Chase

Property Taxes

Property Taxes

Parcel Number
10-000246
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$285,895 CAD
  • Listing ID: 36150246

  • Date on Market: 2025-06-06

  • Last Updated:

  • Address: 2647-2661 Michigan Ave, Detroit, MI 48216

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