4435 W Vernor Detroit, MI $ 550,000
4435 W Vernor
$ 550,000
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4435 W Vernor

Detroit, MI, 48209
$ 550,000
Bedrooms-- Baths-- Sq 5,246

Monthly Estimate*

$ 3,473

4435 W Vernor, Detroit, MI 48209 - Image 1
4435 W Vernor, Detroit, MI 48209 - Image 2
4435 W Vernor, Detroit, MI 48209 - Image 3
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4435 W Vernor, Detroit, MI 48209 - Image 8
4435 W Vernor, Detroit, MI 48209 - Image 9

Commercial Property for sale in Detroit, MI

for $550,000. This 5,246 square foot building was built on a lot size of 0.26.

Prime Mixed-Use Redevelopment Opportunity in the Heart of Mexicantown Discover an exceptional investment opportunity in one of Detroit's most vibrant and culturally rich neighborhoods--Mexicantown. Located on highly traveled Vernor Highway just minutes from downtown Detroit, this mixed-use property offers tremendous upside for investors, developers, or owner-occupants seeking a value-add asset in a rapidly growing corridor. Property Features Building Size: 5,246 square feet Lot Size: 84' frontage × 134' depth Flexible Mixed-Use Layout: Ideal opportunity to redevelop into street-level commercial space with two residential apartments above, creating multiple income streams. Additional Parking Lot: The adjacent lot provides ample space for customer and tenant parking, outdoor seating, or future site improvements--an increasingly valuable amenity in this busy commercial district. Additional Out-Building: Included with the sale, offering storage, workshop space, or additional business use. Prime Location: Outstanding visibility on Vernor Highway with excellent traffic counts and surrounded by popular restaurants, retail, and neighborhood attractions. Investment Potential Whether you're looking to establish a flagship business, develop a mixed-use income property, or reposition an existing building, this property offers outstanding flexibility. The configuration lends itself perfectly to a commercial storefront on the first floor with two upscale apartments on the second level, providing strong long-term rental income while benefiting from Detroit's continued neighborhood revitalization. The additional lot offers a significant competitive advantage by providing dedicated parking for both residential tenants and commercial customers, while also allowing for future expansion or outdoor amenities. Development & Incentive Opportunities This property presents an excellent opportunity to capitalize on Detroit's ongoing redevelopment efforts. Buyers may qualify for various local, state, and federal redevelopment prog

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 1,688

Style

Commercial/Industrial

Lot Size

0.26

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60347310

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision M W FIELDS SUB OF LOTS 25 THRU 33 (PLATS) MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions Vernor Hwy past Clark Park between Clark and Mckinstry
City Detroit
Financial Terms Cash Conventional Exchange/Trade
Legal Description S VERNOR HWAY 4 M W FIELDS SUB L4 P8 PLATS W C R 14/32 42 X 134
DOM 658
Postal Code 48209
Price Per Sq Ft Total AG 104.84
Public Remarks
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Exterior
Exterior Vinyl Siding Wood
Frontage 84
Lot Size Area 0.26
Lot Dimensions 84.00 x 134.00
Roads Class A
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Frank Locricchio

Listing Agent

Realty Executives Home Towne

Broker

locricchioteam@gmail.com

Email

Affordability Calculator

$3,613
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$550,000 -4.35% Price Down
2/14/2026$575,000 -4.01% Price Down
12/23/2025$599,000 -7.70% Price Down
8/20/2025$649,000 -6.62% Price Down
10/15/2024$695,000 Listed Price

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4435 W Vernor, Detroit, MI, 48209 is a Commercial Property for sale at $550,000 with 5,246 sqft and a lot size of 0.26. The property's zip code is 48209 which is in Detroit, MI