2424 Michigan Avenue Detroit, MI $ 770,000
2424 Michigan Avenue
$ 770,000
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2424 Michigan Avenue

Detroit, MI, 48216
$ 770,000
Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

$ 4,741

2424 Michigan Avenue, Detroit, MI 48216 - Image 1
2424 Michigan Avenue, Detroit, MI 48216 - Image 2
2424 Michigan Avenue, Detroit, MI 48216 - Image 3
2424 Michigan Avenue, Detroit, MI 48216 - Image 4
2424 Michigan Avenue, Detroit, MI 48216 - Image 5
2424 Michigan Avenue, Detroit, MI 48216 - Image 6

Commercial Property for sale in Detroit, MI

for $770,000. This 3,000 square foot building was built in 1949 on a lot size of 0.29.

This 3,000-square-foot commercial building occupies a 0.292-acre site (12,719 square feet) along Michigan Avenue in Corktown. The property offers a compelling opportunity for an owner-user, investor, or developer seeking frontage on one of the city’s most heavily traveled corridors. In addition to the existing building, the offering includes a billboard, which provides supplemental income potential and added visibility. The sale includes 2400, 2410, and 2424 Michigan Avenue, creating a larger footprint in a neighborhood experiencing significant growth and investment. Neighbors: Michigan Central Station, Ford Motor Company, Level 3 Communications, Southwest Greenway, Honeybee Market, Airspace Link, Ford Motor Co.’s Book Depository, New Lab Michigan Central, Detroit Bus Company, IMA, Slows BBQ, Metropolis Cycles, Mercury Burger Bar, Grandma Bob’s, Corktown Health Center, Detroit Public Safety Academy and UPS Detroit International Import Hub

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Commercial Active

Price

$ 770,000

Property Type

Commercial

Taxes

$ 4,407

Style

RealEstateOnly

Lot Size

0.29

Year Built

1949

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261044564

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1949
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 MORE THAN ONE SUB INVOLVED
Garage Y/N N
Status Active
Directions N off Michigan Avenue near 14th Street
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 4407.0
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 25717
Expected Active Date 2026-06-14
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 E COR OF LOT 16 TH WLY 2
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 3000.0
Lot Dimensions 128x105
Lot Size Acres 0.29
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 3000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 2424
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$5,108
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,741
Monthly Property Taxes
$367
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
6/14/2026$770,000 Listed Price

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2424 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $770,000 with 3,000 sqft and a lot size of 0.29. 2424 Michigan Avenue was built in 1949. The property's zip code is 48216 which is in Detroit, MI