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565 E Larned Street Detroit, MI $ 3,950,000
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$ 3,950,000 Get more info
565 E Larned Street
$ 3,950,000
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565 E Larned Street

Detroit, MI, 48226
$ 3,950,000
Bedrooms-- Baths-- Sq 32,552

Monthly Estimate*

$ 24,321

565 E Larned Street, Detroit, MI 48226 - Image 1
565 E Larned Street, Detroit, MI 48226 - Image 2
565 E Larned Street, Detroit, MI 48226 - Image 3
565 E Larned Street, Detroit, MI 48226 - Image 4
565 E Larned Street, Detroit, MI 48226 - Image 5
565 E Larned Street, Detroit, MI 48226 - Image 6
565 E Larned Street, Detroit, MI 48226 - Image 7
565 E Larned Street, Detroit, MI 48226 - Image 8
565 E Larned Street, Detroit, MI 48226 - Image 9

Commercial Property for sale in Detroit, MI

for $3,950,000. This 32,552 square foot building was built in 1916 on a lot size of 0.27.

This mixed-use building offers a highly adaptable layout suited for retail, office, restaurant, or redevelopment potential. The first floor formerly housed the renowned Opus One Restaurant, adding a layer of legacy and recognition to the property. A private on- site parking lot enhances accessibility with additional nearby parking supporting future users or tenants. Sale includes 0.276 acre (12,027 SF) parking lot located at 550 E Larned.

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Commercial Active

Price

$ 3,950,000

Property Type

Commercial

Taxes

$ 84,889

Style

RealEstateOnly

Lot Size

0.27

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261013986
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1916
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 PLAT OF ANTOINE BEAUBIEN FARM ALSO P198-9 DEEDS
Garage Y/N N
Status Active
Directions NE corner of Larned and Beaubien
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Office
MLS Area Area05053DetWoodwardMcclellanSoMack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 84889.0
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 1074644
Expected Active Date 2026-03-04
Legal Description N--E LARNED E 8 FT FRONT BG E 16FT REAR 9 8 W 1/2 7 ANTOINE BEAUBIEN FARM L27 P197-9 DEEDS W C R 3/4 83 IRREG
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 32552.0
Lot Dimensions 126x83
Lot Size Acres 0.27
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) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 32552.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 565
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$31,395
Per Month
77%
23%
0%
Monthly Principal & Interest
$24,321
Monthly Property Taxes
$7,074
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
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Pricing History
DatePricePrice ChangeDescription
3/5/2026$3,950,000 Listed Price

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565 E Larned Street, Detroit, MI, 48226 is a Commercial Property for sale at $3,950,000 with 32,552 sqft and a lot size of 0.27. 565 E Larned Street was built in 1916. The property's zip code is 48226 which is in Detroit, MI

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