2564 Michigan Avenue
Detroit, MI, 48216 $ 1,799,900
Bedrooms-- Baths-- Sq 4,966 Monthly Estimate*
$ 11,365
for $1,799,900. This 4,966 square foot building was built on a lot size of 0.09.
An extraordinary mixed-use opportunity in the heart of Corktown. The iconic Blanco Building offers 3,230 SF of prime ground-floor commercial space paired with a 2,000+ SF curated penthouse residence above, currently home to The 1 Room Hotel--creating one of Detroit's most distinctive live-work investment opportunities. Thoughtfully restored to honor its historic character while meeting modern standards, the Blanco Building stands as a landmark of Corktown's resurgence. The commercial space provides an exceptional canvas for visionary retail, hospitality, gallery, wellness, office, or experiential concepts that complement the neighborhood's design-forward identity. Above the retail space is a refined 2,000 SQFT penthouse residence featuring three bedrooms, over 3,000 sq ft of indoor-outdoor living with a private rooftop terrace, designer finishes, and amenities including a wellness room, Four Seasons sunroom, private courtyard, and attached four-car garage--offering a rare owner-occupant opportunity or executive residence. The residence is currently home to The 1 Room Hotel, an intimate luxury boutique stay that attracts a built-in audience of discerning travelers. seeking premium, locally rooted experiences. The commercial space is ideally positioned to benefit from concierge partnerships, curated retail, elevated food and beverage concepts, or bespoke guest services. Located steps from Michigan Central, Detroit's acclaimed dining scene, cultural destinations, and the city's rapidly expanding innovation corridor, the property is minutes from downtown Detroit, the Detroit Riverwalk, Ralph C. Wilson Jr. Centennial Park, and the Southwest Greenway. Whether as a flagship business, investment, or live-work destination, the Blanco Building represents a truly rare opportunity in one of Detroit's most sought-after neighborhoods.
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FeaturesGeneralHeating Forced Air
Possession Negotiable (Possession)
Roof Rubber
Water Public Water Public Water at Street
Status Active Active
Year Built 19
Subdivision Sub Of Pt Of Stanton Farm MI
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions On northern side of Michigan Ave South of i-75 East of i-96 West of 14th St
City Detroit
Financial Terms Cash Conventional
Legal Description N MICHIGAN 352 SUB OF PT OF STANTON FARM L1 P157 PLATS W C R 10/30 40 X 100
DOM 8
Postal Code 48216
Price Per Sq Ft Total AG 362.44
Public Remarks An extraordinary mixed-use opportunity in the heart of Corktown. The iconic Blanco Building offers 3 230 SF of prime ground-floor commercial space paired with a 2
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ExteriorExterior Brick
Frontage 40
Lot Size Area 0.09
Lot Dimensions 40X100
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $11,365
- Monthly Property Taxes
- $1,087
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Detroit, MI
Average List Price $462,070
Percent of Sale Price 74%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/13/2026 | $1,799,900 | | Listed Price |