3939 3rd Street Detroit, MI ^$ 295,000

3939 3rd Street

^$ 295,000

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3939 3rd Street

Detroit, MI, 48201

^$ 295,000

Bedrooms-- Baths-- Sq 5,393

Monthly Estimate*

^$ 1,840

3939 3rd Street, Detroit, MI 48201 - Image 1

3939 3rd Street, Detroit, MI 48201 - Image 2

3939 3rd Street, Detroit, MI 48201 - Image 3

3939 3rd Street, Detroit, MI 48201 - Image 4

3939 3rd Street, Detroit, MI 48201 - Image 5

Commercial Property for sale in Detroit, MI

for $295,000. This 5,393 square foot building was built on a lot size of 0.09.

Located on 3rd Street between Selden and Alexandrine in Midtown, this 5,393-square-foot redevelopment opportunity offers exceptional visibility and walkability in one of Detroit's most vibrant neighborhoods. Zoned B4, the property accommodates a wide range of commercial uses and is located within steps of Little Caesars Arena, Selden Standard, Honest John's, SheWolf, and Mad Nice. Surrounded by substantial revitalization and investment, it represents a rare opportunity for flexible development in the heart of Detroit's cultural and culinary district.

Commercial Active

Price

^$ 295,000

Property Type

Commercial

Taxes

^$ 12,176

Style

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60932043

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Crane Farm Sub Rear Concession To Pc 247 Deeds MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Mixed Use Multi-Family Professional Office Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions ON 3RD AVE BETWEEN SELDEN AND ALEXANDRINE

City Detroit

Financial Terms Cash Conventional

Legal Description W THIRD 6 BLK 5 CRANE FARM SUB L60 P58 DEEDS W C R 4/108 40 X 100

DOM 97

Postal Code 48201

Price Per Sq Ft Total AG 54.7

Public Remarks Located on 3rd Street between Selden and Alexandrine in Midtown this 5

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.09

Lot Dimensions 40X100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

vincent@oconnordetroit.com

Affordability Calculator

$2,855

Per Month

Monthly Principal & Interest: $1,840
Monthly Property Taxes: $1,015
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 68%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/29/2025	$295,000		Listed Price

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3939 3rd Street, Detroit, MI, 48201 is a Commercial Property for sale at $295,000 with 5,393 sqft and a lot size of 0.09. The property's zip code is 48201 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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3939 3rd Street

Commercial Property for sale in Detroit, MI

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