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

RealEstateOnly

Lot Size

0.23

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261000438

Features
General
Sewer SewerAtStreet
Possession AtClose
Garage Spaces 0.0
Construction Materials Other
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 WOODBRIDGE FARM AS DIVIDED BY CMRS ALSO P147 PLT
Garage Y/N N
Status Active
Directions Michigan to Trumbull to Bagley to 10th St.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Multiple Residential
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9363.0
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 113667
Expected Active Date 2026-01-05
Legal Description S LEVERETTE 1-2 BLK 76 WOODBRIDGE FARM L1 P146-7 PLATS W C R 8/2 64.8 IRREG
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Exterior
Water Source WateratStreet
Foundation Details Slab
Spa N
Lot Dimensions 130x81
Lot Size Acres 0.23
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 9520.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Billy Johair

Listing Agent

Pro Realty Group

Broker

(248) 600-7000

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$429,900 Listed Price

Map


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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