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Dormitory-Style Residential Income Property
New
For Sale
$440,000

2629-2639 Lenox St, Detroit, MI 48215

Existing dormitory-style layout includes a commercial kitchen and dedicated recreation area.

Property Size25,320 SF
Price / SF$17.38
Days on Market6

Property Features for 2629-2639 Lenox St

General Information

Standard status Active
Size 25,320 SF
Class C
Total Parking Spaces 18
Property subtype Other
Zoning R2 & R5

Amenities

full commercial kitchen
recreation area

Building Details

Building Size 25,320 SF
Year Built 1940
Stories 3
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: Aug 17 Changed: Aug 22 Last Checked: Aug 22 at 7:35AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This 25,320-square-foot residential income property is arranged with dormitory-style rooms, a full commercial kitchen, and a recreation area. The building was constructed in 1940 and is configured around shared residential and amenity spaces.

The property is located at 2629-2639 Lenox St in Detroit, Michigan. Zoning is identified as R2 & R5. The building previously served as St. Phillip's Convent and later housed Wolverine Services.

Key Highlights

  • 25,320‑square‑foot residential income property
  • Dormitory‑style room layout
  • Full commercial kitchen

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store

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

311
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Existing dormitory-style layout includes a commercial kitchen and dedicated recreation area.
Where is this residential income property located?
The property is located at 2629-2639 Lenox St Detroit, MI.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 25,320‑square‑foot residential income property; Dormitory‑style room layout; Full commercial kitchen
More about this property
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