Michigan Avenue Mixed-Use
For Sale
$800,000
2538 Michigan Ave, Detroit, MI 48216
Mixed-use property with storefronts, residential units, and vacant land.
Days on Market98
Property Features for 2538 Michigan Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1916
Listing Agency:
EXP Realty Main
(313) 303-6125
Listed By:
Noor M Elmoussaoui · License #6501446607
(313) 303-6125
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 11:29AM
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 EXP Realty Main
Investment Insights
Based on property information with market context.
Located on Michigan Avenue in Corktown, this mixed-use property includes two commercial storefronts, two residential units, and vacant land. The vacant land is a privately fenced lot with alley access, suitable for parking, tenant amenities, or future development. The property is positioned near Michigan Central Station and the future Detroit City Football Club Stadium, surrounded by restaurants, bars, and retail establishments. The location benefits from foot traffic and tenant demand. The property is being sold as a package with other addresses for a total price of $2,000,000. The location has a bike score of 89, indicating it is very bikeable, a walk score of 83, indicating it is very walkable, and a transit score of 44, indicating some transit options are available.
Key Highlights
- Prime Michigan Avenue location in Corktown, near Michigan Central Station and the future Detroit City Football Club Stadium.
- Mixed‑use property featuring 2 commercial storefronts and 2 residential units.
- Vacant land offers a privately fenced lot with alley access, suitable for secure parking, tenant amenities, or future development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Mobil
Shops & Services
9,396 visits/mo
0.3 miles
White Castle
Dining
8,727 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
6,050 visits/mo
0.4 miles
Firestone Complete Auto Care
Shops & Services
1,470 visits/mo
0.5 miles
Demographics for 48216, MI
5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Detroit
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with storefronts, residential units, and vacant land.
Where is this mixed-use property located?
The property is located at 2538 Michigan Ave Detroit, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime Michigan Avenue location in Corktown, near Michigan Central Station and the future Detroit City Football Club Stadium.; Mixed‑use property featuring 2 commercial storefronts and 2 residential units.; Vacant land offers a privately fenced lot with alley access, suitable for secure parking, tenant amenities, or future development.
