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Detroit Development Opportunity on Livernois
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2525 Ewald Cir, Detroit, MI 48238

Mixed-use property in Detroit's Oakman Blvd Community neighborhood.

Property Size6,250 SF
Lot Size0.18 Acres
Price / SF$30
Days on Market160

Property Features for 2525 Ewald Cir

General Information

Standard status Active
Size 6,250 SF
Lot size 0.18 Acres
Property subtype Mixed Use, Office, Retail
Zoning B4

Building Details

Buildings 1
Stories 3
Listing Agency: Summit Commercial LLC
Listed By: Phil Martin · License #6501402501
Source: Crexi
Added: Mar 14 Changed: Aug 13 Last Checked: Aug 20 at 5:32AM

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 at the corner of Livernois, 2525 Ewald Circle offers a development opportunity in Detroit's Oakman Blvd Community neighborhood. The property includes approximately 6,250 square feet of building space on 0.18 acres of land. The site is positioned within reach of major freeways and a variety of conveniences like restaurants and retailers. Its location boasts strategic proximity to educational institutions, parks, and cultural destinations. The City of Detroit invites proposals to revitalize the former Public Lighting Department Substation building, encouraging innovative designs that blend modernity with historical preservation. The property aligns with the vision outlined in the Russell Woods Nardin Park Neighborhood Framework Plan and benefits from recent area improvements like the Dexter Ave Streetscape project. Located near the Joe Louis Greenway, this site is part of a vibrant community with a deep connection to Detroit's revitalization initiatives.

Key Highlights

  • Prime development opportunity in Detroit's Oakman Blvd Community neighborhood.
  • Large building size of approximately 6,250 sq ft on 0.18 acres.
  • Strategic location at the corner of Livernois, with easy access to major freeways, restaurants, and retailers.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Electrical Service Bakery

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

423
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Detroit's Oakman Blvd Community neighborhood.
Where is this mixed-use property located?
The property is located at 2525 Ewald Cir Detroit, MI.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: Prime development opportunity in Detroit's Oakman Blvd Community neighborhood.; Large building size of approximately 6,250 sq ft on 0.18 acres.; Strategic location at the corner of Livernois, with easy access to major freeways, restaurants, and retailers.
More about this property
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