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Bank Building with Original Vaults
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44 West Michigan Avenue, Detroit, MI 48226

Downtown financial property retains safes, vaults, safety deposit boxes, and private rooms within its existing structure.

Property Size28,000 SF
Days on Market145

Property Features for 44 West Michigan Avenue

General Information

Standard status Active
Size 28,000 SF
Property subtype Special Purpose

Amenities

original safes
vaults
safety deposit boxes
private rooms

Building Details

Buildings 1
Stories 2
Listing Agency: Keystone Commercial Real Estate
Listed By: Matt Berke · License #MI 6504139519
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:54PM

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 Keystone Commercial Real Estate

Investment Insights

Based on property information with market context.

This bank property includes two above-ground floors measuring 6,500 RSF each, along with a 7,500 RSF basement and a 7,500 RSF sub-basement. The interior retains original safes, vaults, safety deposit boxes, and private rooms, providing distinctive features associated with its former financial use.

The building is located at 44 West Michigan Avenue in downtown Detroit, with views over Campus Martius Park and Capital Park. Originally constructed as an eight-story building, it was reduced to its current configuration during the 1960s. The property also offers the stated possibility of adding floors to expand the existing structure.

Key Highlights

  • Two above‑ground stories at 6,500 RSF each
  • 7,500 RSF basement and 7,500 RSF sub‑basement
  • Original safes, vaults, and safety deposit boxes remain

Property Analytics

Current Use

Romecoa LLC Auto Repair Shop Prophecay LLC Auto Repair Shop

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Kitchen & Bath Showroom Veterinary Clinic Daycare 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

5,740
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 79% Shops & Services 21%
Hilton Garden Inn Detroit Downtown Hotels & Casinos
13,735 visits/mo 0.3 miles
Cambria Hotel Detroit Downtown Hotels & Casinos
13,247 visits/mo 0.4 miles
Hotel Indigo Detroit Downtown Hotels & Casinos
12,361 visits/mo 0.2 miles
Fort Pontchartrain a Wyndham Hotel Hotels & Casinos
9,506 visits/mo 0.3 miles
Mobil Shops & Services
8,172 visits/mo 0.3 miles

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
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
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Frequently Asked Questions

What type of property is this?
Bank - Downtown financial property retains safes, vaults, safety deposit boxes, and private rooms within its existing structure.
Where is this bank located?
The property is located at 44 West Michigan Avenue Detroit, MI.
What are key features of this property?
This property features: Two above‑ground stories at 6,500 RSF each; 7,500 RSF basement and 7,500 RSF sub‑basement; Original safes, vaults, and safety deposit boxes remain
More about this property
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