1601 Leverette Street Detroit, MI $ 429,900
1601 Leverette Street
$ 429,900
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1601 Leverette Street

Detroit, MI, 48216
$ 429,900
Bedrooms-- Baths-- Sq 9,520

Monthly Estimate*

$ 2,647

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Commercial Property for sale in Detroit, MI

for $429,900. This 9,520 square foot building was built on a lot size of 0.23.

Exceptional development opportunity at 1601 Leverette St in the heart of Detroit's iconic Corktown neighborhood, one of the city's most vibrant and rapidly appreciating areas. This versatile parcel is zoned for both commercial and residential use, offering flexibility for a single-family home, multi-unit residential, or mixed-use project. Located within $1B of active and planned developments, including The Godfrey Hotel, and just steps from Ford's Corktown Campus and Michigan Central Station, a transformative $350M redevelopment is expected to generate 5,000+ jobs and significant demand for new housing. Surrounded by new construction, restaurants, retail, and infrastructure investment, this site offers excellent visibility, strong long-term upside, and a rare chance to build in a high demand urban core with proven momentum.

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Commercial Active

Price

$ 429,900

Property Type

Commercial

Taxes

$ 9,363

Style

Commercial/Industrial

Lot Size

0.23

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60961568

Features
General
Possession At Close
Water Public Water at Street
Status Active Active
Subdivision Woodbridge Farm As Divided By Cmrs Also P147 Plt MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial Mixed Use Multi-Family Residential
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions Michigan to Trumbull to Bagley to 10th St.
City Detroit
Financial Terms Cash
Legal Description S LEVERETTE 1-2 BLK 76 WOODBRIDGE FARM L1 P146-7 PLATS W C R 8/2 64.8 IRREG
DOM 2
Postal Code 48216
Price Per Sq Ft Total AG 45.16
Public Remarks Exceptional development opportunity at 1601 Leverette St in the heart of Detroit's iconic Corktown neighborhood
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Exterior
Exterior Other
Frontage 130
Lot Size Area 0.23
Lot Dimensions 130x81
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Billy Johair

Listing Agent

Pro Realty Group

Broker

realtor.billyj@gmail.com

Email

Affordability Calculator

$3,427
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,647
Monthly Property Taxes
$780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/5/2026$429,900 Listed Price

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1601 Leverette Street, Detroit, MI, 48216 is a Commercial Property for sale at $429,900 with 9,520 sqft and a lot size of 0.23. The property's zip code is 48216 which is in Detroit, MI