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Springwells Mixed-Use Redevelopment Opportunity
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1801 Springwells St, Detroit, MI 48209

Mixed-use redevelopment site in the heart of Springwells Neighborhood.

Property Size3,557 SF
Price / SF$30
Days on Market162

Property Features for 1801 Springwells St

General Information

Standard status Active
Size 3,557 SF
Property subtype Hospitality, Mixed Use, Multifamily, Retail
Zoning B4

Building Details

Year Built 1916
Buildings 1
Stories 2
Listing Agency: Summit Commercial LLC
Listed By: Chad Rhodes · License #MI 6501302819
Source: Crexi
Added: Mar 13 Changed: Aug 14 Last Checked: Aug 20 at 8:20PM

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 Summit Commercial LLC

Investment Insights

Based on property information with market context.

Located in the heart of the Springwells Neighborhood, the city seeks proposals from qualified entities to rehabilitate a mixed-use development at 1801 Springwells. The two-story building is approximately 3,557 square feet. The city of Detroit seeks well-designed proposals that will build upon the inherent strengths of the site, creating an active destination that integrates seamlessly with the surrounding neighborhood. The Springwells neighborhood is a vibrant and diverse community. The neighborhood has a strong established residential community that intersects with several commercial streets with markedly low vacancy rates. The site is situated within a block of the Joe Louis Greenway (JLG), a 29-mile recreational path that intersects 23 different neighborhoods and connects to the Dequindre Cut and the Riverfront. The first floor commercial space should prioritize retail as opposed to office space to contribute to and increase foot traffic along the corridor. The second story provides an opportunity for additional rental income through residential units. Residential units can be redeveloped either at or below market rate. The property was previously used as a bar, but the City seeks uses that serve the surrounding community, including restaurants, coffee shops, small-format grocery, pharmacy, dry cleaning, and other retail business types. The site is also within a Traditional Main Street Overlay (TMSO) which provides design guidelines and requirements to which the developer must adhere.

Key Highlights

  • Mixed‑use redevelopment opportunity in the vibrant Springwells neighborhood.
  • Located on Springwells St, at the corner of Cahalan, with high visibility and foot traffic potential.
  • Proximity to the Joe Louis Greenway (JLG), a 29‑mile recreational path.

Property Analytics

Current Use

My Town My ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Daycare Center Accounting Firm Parking Lot & Garage

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

541
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 37% Electronics 4% Home Improvements & Furnishings 2%
McDonald's Dining
17,304 visits/mo 0.4 miles
Family Dollar Shops & Services
12,939 visits/mo 0.3 miles
BP Shops & Services
6,071 visits/mo 0.5 miles
Chase Bank Shops & Services
5,088 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,977 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use redevelopment site in the heart of Springwells Neighborhood.
Where is this mixed-use property located?
The property is located at 1801 Springwells St Detroit, MI.
What is the asking price?
The asking price for this property is $106,710.
What are key features of this property?
This property features: Mixed‑use redevelopment opportunity in the vibrant Springwells neighborhood.; Located on Springwells St, at the corner of Cahalan, with high visibility and foot traffic potential.; Proximity to the Joe Louis Greenway (JLG), a 29‑mile recreational path.
More about this property
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