2538 Michigan Avenue Detroit, MI $ 800,000
2538 Michigan Avenue
$ 800,000
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2538 Michigan Avenue

Detroit, MI, 48216
$ 800,000
Bedrooms-- Baths-- Sq 2,016

Monthly Estimate*

$ 4,926

2538 Michigan Avenue, Detroit, MI 48216 - Image 1

Commercial Property for sale in Detroit, MI

for $800,000. This 2,016 square foot building was built on a lot size of 0.05.

Located on prime Michigan Avenue in the heart of Corktown, this rare mixed-use investment delivers the scale, location, and upside serious investors are chasing. The property features 2 commercial storefronts, 2 residential units, and additional vacant land - creating immediate income potential with long-term value growth. The included vacant land offers a privately fenced lot with alley access, ideal for secure parking, tenant amenities, or future development - an increasingly rare advantage in a high-demand corridor where space is limited and values continue to rise. Positioned just steps from Michigan Central Station and the future Detroit City Football Club Stadium, this asset sits at the center of billions in redevelopment. Surrounded by some of Detroit's most popular restaurants, bars, and retail, the location drives strong foot traffic, tenant demand, and long-term appreciation. This is more than real estate - it's a strategic foothold in Detroit's fastest-growing corridor. Opportunities like this on Michigan Avenue are extremely limited and rarely come to market. Seller is highly motivated and ready to sell - bring your strongest offer. Buyer's agent must be present for all showings. All measurements are estimated; Buyer to Verify All Information (BATVAI).Property is being sold ONLY as a package with 2532, 2526, and 2544 Michigan Avenue for $2,000,000.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 654

Style

Commercial/Industrial

Lot Size

0.05

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60983975

Features
General
Possession At Close
Water Public Water at Street
Status Active Active
Year Built 19
Subdivision Sub Of Pt Of Stanton Farm MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Other
Area Detroit (82001)
Primary City Detroit
Directions N of Michigan/W of Rosa Parks
City Detroit
Financial Terms Cash Conventional
Legal Description N MICHIGAN E 20 FT 349 SUB OF PT OF STANTON FARM L1 P157 PLATS W C R 10/30 20 X 100
DOM 7
Postal Code 48216
Price Per Sq Ft Total AG 396.83
Public Remarks Located on prime Michigan Avenue in the heart of Corktown this rare mixed-use investment delivers the scale location
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Exterior
Exterior Brick
Frontage 40
Lot Size Area 0.05
Lot Dimensions 20X100
Waterfront Y/N No
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* Excluded Features
List By
Noor Elmoussaoui

Listing Agent

Dtw Experts Llc

Broker

noorsells1@gmail.com

Email

Affordability Calculator

$4,980
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$55
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
4/15/2026$800,000 Listed Price

Map


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2538 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $800,000 with 2,016 sqft and a lot size of 0.05. The property's zip code is 48216 which is in Detroit, MI