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Single-Story Brick Building For Sale
For Sale
$55,000

18563 Ryan Rd, Detroit, MI 48234

1,365 SF open space suitable for retail or office.

Property Size1,365 SF
Lot Size0.05 Acres
Price / SF$40.29
Days on Market155

Property Features for 18563 Ryan Rd

General Information

Standard status Active
Size 1,365 SF
Lot size 0.05 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,208

Building Details

Building Size 1,365 SF
Year Built 1950
Listing Agency: O'Connor Realty Detroit, LLC
Listed By: Griffin Krebsbach · License #6501415617
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:15PM

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 O'Connor Realty Detroit, LLC

Investment Insights

Based on property information with market context.

This single-story brick building offers 1,365 square feet of open space and is available for sale. The property includes a bathroom. A new roof was installed in 2025. The building features a mural by Detroit artist Sydney James. The space is suitable for retail, office, or creative workspace use.

Key Highlights

  • 1,365 SF of open space suitable for retail, office, or creative workspace
  • New roof installed in 2025
  • Eye‑catching mural by renowned Detroit artist Sydney James

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Kitchen & Bath Showroom

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

403
Businesses Nearby

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1,365 SF open space suitable for retail or office.
Where is this retail space located?
The property is located at 18563 Ryan Rd Detroit, MI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 1,365 SF of open space suitable for retail, office, or creative workspace; New roof installed in 2025; Eye‑catching mural by renowned Detroit artist Sydney James
More about this property
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