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Mixed-Use Three-Unit Building
For Sale
$295,900

2683 Crane Street, Detroit, MI 48214

First-floor commercial space is paired with two apartments and additional living quarters on the third floor.

Property Size4,516 SF
Days on Market10

Property Features for 2683 Crane Street

General Information

Standard status Active
Size 4,516 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence rehab

Taxes and HOA fees

Annual Taxes $881

Building Details

Building Size 4,516 SF
Year Built 1910
Buildings 1
Units 3
Tenancy Multi
Listing Agency: Wayne Bolling Realty
Listed By: David Bolling
Source: Eliterealtymi
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 20 at 2:24PM

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 Wayne Bolling Realty

Investment Insights

Based on property information with market context.

This mixed-use building, constructed in 1910, combines commercial and residential components within a three-unit layout. The ground level contains commercial space and was previously operated as a party store, with all coolers and a freezer included. Two one-bedroom apartments occupy the upper floor, and one apartment connects to the third floor, where additional living quarters are located.

The sale also includes the lot immediately behind the building. That parcel is zoned commercial and can serve as parking for the property, adding functional support for the commercial space and residential units.

Key Highlights

  • Three‑unit mixed‑use building constructed in 1910
  • First‑floor commercial space with all coolers and freezer included
  • Two one‑bedroom apartments on the upper floor

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial space is paired with two apartments and additional living quarters on the third floor.
Where is this mixed-use property located?
The property is located at 2683 Crane Street Detroit, MI.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Three‑unit mixed‑use building constructed in 1910; First‑floor commercial space with all coolers and freezer included; Two one‑bedroom apartments on the upper floor
More about this property
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