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Charming Mixed-Use Property
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1904 Springwells St, Detroit, MI 48209

Two-story mixed-use property with retail and apartment potential.

Property SizeContact for details
Days on Market123

Property Features for 1904 Springwells St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Thomas Duke Company
Listed By: Andrew Battersby · License #MI 6501384188
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 7:10AM

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 Thomas Duke Company

Investment Insights

Based on property information with market context.

This two-story mixed-use property offers the potential to generate income by modernizing the retail space and building out the four large apartment units on the second floor.

Key Highlights

  • Potential for strong income generation.
  • Mixed‑use property with retail and residential spaces.
  • Four large apartment units on the second floor.**

Property Analytics

Current Use

Planet Rock Music (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Daycare Center Accounting Firm 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

545
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 35% Home Improvements & Furnishings 4%
McDonald's Dining
17,304 visits/mo 0.1 miles
Chase Bank Shops & Services
5,088 visits/mo 0.5 miles
BP Shops & Services
3,579 visits/mo 0.4 miles
Guadalajara Dining
3,296 visits/mo 0.4 miles
Mobil Shops & Services
2,991 visits/mo 0.2 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 - Two-story mixed-use property with retail and apartment potential.
Where is this mixed-use property located?
The property is located at 1904 Springwells St Detroit, MI.
What are key features of this property?
This property features: Potential for strong income generation.; Mixed‑use property with retail and residential spaces.; Four large apartment units on the second floor.**
(248) 476-3700 Call to check price and availability
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