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    2381 17Th St Detroit, MI 48216

    For Sale
    $1,750,000

    Commercial property in Detroit's Corktown, ideal for retail or restaurant.

    Lot size:
    0.11 Acres

    Property Features for 2381 17Th St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1921

    Source: National Realty Centers, Inc Agent Bonnie Juras

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corktown Retail Investment Opportunity

    This commercial property presents an investment opportunity in Detroit's historic Corktown neighborhood. The property is situated near Ford's Central Station and its planned thirty-acre walkable community, as well as established dining locations and the future Detroit FC Soccer stadium. The offering includes two properties for one price: the building at 2381 17th St and the lot at 2509 Michigan Ave, which features 72 feet of frontage on Michigan Ave. The property is suitable for a restaurant or retail business. The interior offers an open layout.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0803141
    Latitude
    42.3309142

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    FAQs

    What type of property is this?
    Retail space - Commercial property in Detroit's Corktown, ideal for retail or restaurant.
    Where is this retail space located?
    The property is located at 2381 17Th St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime location in Detroit's historic Corktown, adjacent to Ford's Central Station redevelopment.; - Includes two properties: a building at 2381 17th St and a lot at 2509 Michigan Ave.; - Boasting 72 feet of frontage on Michigan Avenue.
    (513) 470-3673
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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
    2381 17Th St Detroit, MI 48216
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