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Corner Lot Flex Space
For Sale
$200,000

300 Oakwood, Detroit, MI 48217

Versatile flex property on a corner lot in Detroit, suited for a range of retail, office, or service uses.

Property SizeContact for details
Days on Market68

Property Features for 300 Oakwood

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1949
Listing Agency: EXP Realty Main
Listed By: Adrienne Ponce · License #6501439342
Source: Elliman
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 9 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty Main

Investment Insights

Based on property information with market context.

This flex space is set up as a versatile commercial site with room to accommodate multiple concepts. The seller previously planned a buildout with a studio on one side and a car wash on the other, highlighting the property’s adaptability for mixed or changing tenant needs.

The property is located at 300 Oakwood in Detroit, MI 48217, positioned on a corner lot with prominent street exposure. Mobility in the immediate area is supported by a BikeScore of 58 and a WalkScore of 67, with a TransitScore of 36.

The layout and intended uses suggest practical fit for operators looking for flexibility, including retail, office, service-based businesses, automotive-related ventures, or creative workspace, subject to municipal approval and zoning requirements. For buyers or tenants evaluating an owner-occupy or flexible-tenant scenario, the corner-lot positioning and multi-use potential can support a variety of commercial strategies once permitted uses are confirmed.

Key Highlights

  • Commercial property at 300 Oakwood on a high‑traffic corner lot in Detroit
  • Built in 1949
  • Versatile layout with plans previously considered for a studio on one side and a car wash on the other

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center HVAC Service Storage Facility Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48217, MI

6,437
Population
3,071
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,799
Density / Sq Mi
$46,671
Median Household Income
$33,727
Median Earnings
$1,083
Median Rent
$45,100
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex property on a corner lot in Detroit, suited for a range of retail, office, or service uses.
Where is this flex space located?
The property is located at 300 Oakwood Detroit, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Commercial property at 300 Oakwood on a high‑traffic corner lot in Detroit; Built in 1949; Versatile layout with plans previously considered for a studio on one side and a car wash on the other
More about this property
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