2538 Michigan Avenue,Detroit, MI 48216
Detroit, MI 48216
Description
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.
Details
| MLS # | 20261023013 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 204 |
| Listing Provided By | DTW Experts LLC | Noor M Elmoussaoui |
Features
| SQ Feet | 2,016 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.05 |
| Water Front | Yes |
Interior
| Cooling Yes / No | No |
|---|---|
| Heating Yes / No | No |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement, Block |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 654.98 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48216 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | SUB OF PT OF STANTON FARM |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in SUB OF PT OF STANTON FARM) | |
Price: $800,000 low | high Med: $800,000 sqft: 2,016 low | high Med: 3,108 $ / sqft: $397 low | high Med: $294 On site: 204 low | high Med: 204 | |
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48216 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | SUB OF PT OF STANTON FARM |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in SUB OF PT OF STANTON FARM) | |
Price: $800,000 low | high Med: $800,000 sqft: 2,016 low | high Med: 3,108 $ / sqft: $397 low | high Med: $294 On site: 204 low | high Med: 204 | |
