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Retail Building and Development Site
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4435 W VERNOR, Detroit, MI 48209

A retail building on a deep lot with frontage and an out-building, suited for parking, expansion, or added storage.

Property Size5,246 SF
Price / SF$104.84
Days on Market642

Property Features for 4435 W VERNOR

General Information

Standard status Active
Size 5,246 SF
Property subtype Land

Building Details

Year Built 1915
Listing Agency: Realty Executives Home Towne
Listed By: Frank Locricchio · License #6502367355
Source: Crexi
Added: Nov 3, 2024 Changed: Jul 10 Last Checked: Aug 6 at 1:35PM

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 Realty Executives Home Towne

Investment Insights

Based on property information with market context.

This for-sale commercial property includes a 5,246-square-foot retail building on an 84-foot frontage by 134-foot deep lot. The site is designed to support both everyday operations and future change, with room to plan for parking and potential outdoor activity. An additional out-building is included with the sale, providing flexibility for storage or other auxiliary business functions.

The property is located on Vernor Highway in Detroit’s Mexicantown area, positioned for visibility and regular vehicle traffic in a well-known commercial corridor. The surrounding neighborhood is described as vibrant and culturally rich, with local restaurants and shopping, and it is presented as being just moments from downtown Detroit.

The combination of building area, sizable lot depth, and included out-building makes this property a practical fit for an operator seeking retail space with on-site flexibility. It also supports buyers considering development or business expansion, since the property layout can accommodate parking and additional uses beyond the primary building. The asset is structured for straightforward commercial use while allowing room to adapt as needs evolve.

Key Highlights

  • Commercial building built in 1915 with 5,246 SF of space
  • 84' frontage with a 134' deep lot for parking, outdoor use, or future expansion
  • Out‑building included with the sale for storage or auxiliary business use

Property Analytics

Current Use

Gamble Plumbing & Heating Plumbing Service

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Law Firm Skin Care Clinic

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

594
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Mobil Shops & Services
9,396 visits/mo 0.5 miles
White Castle Dining
8,727 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
6,050 visits/mo 0.4 miles
Firestone Complete Auto Care Shops & Services
1,470 visits/mo 0.5 miles

Demographics for 48209, MI

27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - A retail building on a deep lot with frontage and an out-building, suited for parking, expansion, or added storage.
Where is this storefront property located?
The property is located at 4435 W VERNOR Detroit, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial building built in 1915 with 5,246 SF of space; 84' frontage with a 134' deep lot for parking, outdoor use, or future expansion; Out‑building included with the sale for storage or auxiliary business use
(810) 300-1650 Call to check price and availability
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