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 in 1915 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.

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Commercial Active

Price

$ 295,000

Property Type

Commercial

Taxes

$ 12,176

Style

RealEstateOnly

Lot Size

0.09

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251031748

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1915
Property Subtype RealEstateOnly
Current Use Vacant
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name CRANE FARM SUB REAR CONCESSION TO PC 247 DEEDS
Garage Y/N N
Status Active
Directions ON 3RD AVE BETWEEN SELDEN AND ALEXANDRINE
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Multiple Office
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12176.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 136438
Expected Active Date 2025-08-28
Legal Description W THIRD 6 BLK 5 CRANE FARM SUB L60 P58 DEEDS W C R 4/108 40 X 100
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 5393.0
Lot Dimensions 40X100
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 5393.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 3939
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$2,855
Per Month
64%
36%
0%
Monthly Principal & Interest
$1,840
Monthly Property Taxes
$1,015
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$295,000 Listed Price

Map


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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. 3939 3rd Street was built in 1915. The property's zip code is 48201 which is in Detroit, MI