2426 Michigan Avenue Detroit, MI $ 675,000
2426 Michigan Avenue
$ 675,000
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2426 Michigan Avenue

Detroit, MI, 48216
$ 675,000
Bedrooms-- Baths-- Sq 4,640

Monthly Estimate*

$ 4,156

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Commercial Property for sale in Detroit, MI

for $675,000. This 4,640 square foot building was built in 2023 on a lot size of 0.11.

Located in the heart of Corktown, 2426 Michigan Avenue offers a rare opportunity to either complete the original vision of Steelhaus or reimagine the site with a development concept of your own. Positioned along one of Detroit’s most active and recognizable commercial corridors, the property benefits from exceptional visibility, walkability, and built-in demand driven by surrounding residential density, destination dining, and ongoing neighborhood investment. The site sits at the intersection of momentum and flexibility. With proximity to Downtown Detroit, Michigan Central Station, and major freeway access, this offering is well suited for a range of commercial or mixed-use uses, including boutique retail, creative office, hospitality, or residential integration. Whether advancing the Steelhaus concept or introducing a new vision, the fundamentals are firmly in place—location, market demand, and long-term upside. In a neighborhood where development opportunities are increasingly limited, 2426 Michigan Avenue represents a strategic chance to secure a meaningful presence in Corktown and contribute to its next phase of growth.

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Commercial Active

Price

$ 675,000

Property Type

Commercial

Taxes

$ 360

Style

RealEstateOnly

Lot Size

0.11

Year Built

2023

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251061901

Features
General
Sewer PublicSewer SewerAtStreet
Possession AtClose
Roof Asphalt Metal
Garage Spaces 0.0
Construction Materials MetalSiding SteelSiding
Year Built 2023
Levels MultiSplit
Property Subtype RealEstateOnly
Current Use Commercial Vacant
Business Type Commercial Mixed Residential Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MORE THAN ONE SUB INVOLVED
Garage Y/N N
Building Features AwningOverhangs
Status Active
Directions the north side of Michigan Avenue in the western portion of the Corktown neighborhood in Detroit MI. Between 16th & 17th street. Just south of 94 freeway
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 360.53
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 4346
Expected Active Date 2026-01-07
Legal Description N MICHIGAN ALL THAT PART OF 343 SUB OF PT OF STANTON FARM L1 P157 PLATS W C R 10/30 ALSO THAT PART OF 16 SUB OF PT OF PC 44 L68 P2-3 DEEDS W C R 10/31 DESC AS FOLS BEG AT S W COR OF LOT 343 TH NLY
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Exterior
Parking Features OnSite OnStreet
Water Source None
Foundation Details Block HeavyDutyFootings Poured Slab
Spa N
Building Area Total 4640.0
Lot Dimensions 30x100x63x106
Lot Size Acres 0.11
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 4640.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 2426
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* Excluded Features
List By
Vadim Oss

Listing Agent

Nika & Co

Broker

(248) 266-2566

Phone

Affordability Calculator

$4,186
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$30
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
1/8/2026$675,000 -2.88% Price Down
1/7/2026$695,000 Listed Price

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2426 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $675,000 with 4,640 sqft and a lot size of 0.11. 2426 Michigan Avenue was built in 2023. The property's zip code is 48216 which is in Detroit, MI