2305-2321 Junction Street
Detroit, MI, 48209 $ 599,000
Bedrooms-- Baths-- Sq 5,300 Monthly Estimate*
$ 3,737
for $599,000. This 5,300 square foot building was built on a lot size of 0.09.
Introducing 2305-2321 Junction Street - a rare multi-parcel commercial property in the heart of Detroit's bustling Southwest neighborhood. Situated on three contiguous parcels (each approx. 31 × 114 ft, combined 0.09 acres), this impressive two-story block structure offers over 5,300 sq ft of functional space with versatile B4 General Business Zoning, allowing for a wide variety of uses including retail, medical, service, office, and multi-unit residential conversions. The property currently features five total units, 3 apartments and 2 retail, three of which are leased, potentially producing an annual gross income of $72,000 and a net operating income of $54,000. Each of the three 1-bedroom apartments is approximately 750 sq ft, complemented by flexible commercial suites ideal for storefronts or professional offices. On-site and street parking, alley access. Included are 3 additional parcels adjacent for parking or expansion. Located just steps from Vernor Highway's retail corridor, the property is surrounded by thriving local businesses, restaurants, and cultural attractions such as Taqueria Mi Pueblo, Armando's, and Clark Park. The area benefits from excellent access to I-75, Michigan Avenue, and the Ambassador Bridge, providing steady traffic flow and connectivity to Downtown Detroit and Dearborn. Whether you're an investor seeking immediate cash flow or an owner-operator looking to establish a flagship location, this Junction Street gem offers the flexibility, location, and zoning to support long-term appreciation.
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FeaturesGeneralHeating Baseboard Forced Air Radiant
Possession At Close
Roof Rubber
Water Public Water
Status Active Active
Year Built 19
Subdivision Brushs Sub Pt Of Pc 260 N Of Toledo Ave
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Mixed Use Professional Office Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Directions Junction and Toledo
City Detroit
Financial Terms Cash Conventional
Legal Description W JUNCTION 31 BRUSHS SUB L14 P83 PLATS WCR 16/59 33 X 114
DOM 37
Price Per Sq Ft Total AG 113.02
Public Remarks
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ExteriorExterior Amenities Security Lighting
Frontage 126
Lot Size Area 0.09
Lot Dimensions 126X114
Roads Class A Class B Paved Street
Waterfront Y/N No
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* Excluded FeaturesList Byfadi.dabaja@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,737
- Monthly Property Taxes
- $341
- 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.
Learn more about how to save NearbyCommerical listings in Detroit, MI
Average List Price $496,505
Percent of Sale Price 17%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/27/2025 | $599,000 | | Listed Price |