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    5101 Trumbull St Detroit, MI 48208

    For Sale
    $995,000

    Real Estate Only - Detroit, MI

    Property size:
    5,886 SF
    Lot size:
    0.12 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 5101 Trumbull St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multiple
    APN
    08005838001
    Size
    5,886 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1912
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Classic (248) 737-6800 [email protected]

    Listing agent Daniel P Mullan (248) 348-3000

    Listing date Jun 19, 2025

    MLS# 20251009667 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building Near Wayne State

    This mixed-use property features two retail spaces on the first floor, each with a mezzanine level. The all-brick building is characterized by its wooden interior built-ins. One of the retail units is slightly larger and includes a kitchen and dining room. The property is located directly across from Wayne State University, benefiting from high traffic. The third floor houses three apartments: a one-bedroom, a two-bedroom, and a three-bedroom unit. The building is in very good condition with mostly new mechanical systems. The property includes an additional adjacent lot on Putnam. The building contains addresses 5101, 5105 and 5109 Trumbull. The property offers the option to rent out all units or occupy one side for personal business while renting out the remaining retail space and apartments. The property size is 5886 square feet and the lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0797622
    Latitude
    42.3532017

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and apartments near Wayne State University.
    Where is this mixed-use property located?
    The property is located at 5101 Trumbull St Detroit, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Prime location directly across from Wayne State University, offering high traffic.; - Two retail spaces on the first floor with a second-floor mezzanine.; - Three apartments on the third floor (1-bedroom, 2-bedroom, and 3-bedroom units) offering rental income.
    (248) 348-3000
    Request Owner's contact information
    5101 Trumbull St Detroit, MI 48208
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    Detroit, MI 48208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5101 Trumbull St Detroit, MI 48208
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