Prime Mexicantown Commercial
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3338 Bagley St, Detroit, MI 48216
Commercial land in Mexicantown, near Corktown and major freeways.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market1236
Property Features for 3338 Bagley St
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land
Zoning
B-4 General Business District
Site & Location
Neighborhood
Mexicantown
Listing Agency:
NAI Farbman Southfield
Listed By:
Harrison Yaldoo · License #MI 6501433927
(313) 953-0430
Source:
Crexi
Added: Jun 6, 2023
Changed: Oct 20
Last Checked: Oct 23 at 6:17AM
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 NAI Farbman Southfield
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Investment Insights
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Located in the heart of Mexicantown and southwest Detroit’s historic restaurant and commercial community, the property at 3338 & 3342 Bagley Street, Detroit, MI 48216, consists of two parcels totaling 0.14 acres. The parcels, identified as 12000255-60 (3342 Bagley St) and 12000261 (3338 Bagley St), measure 0.076 acres (3,311 SF / 110 depth x 30 frontage ft) and 0.058 acres (2,510 SF / 251 depth x 10 frontage ft) respectively. Zoned B-4 General Business District, the site is currently a paved parking lot. The location is very walkable, very bikeable, and has good transit scores. The property is situated in a dense population center with walkable access to public transportation, commercial activity, cultural centers, and educational institutions. The commercial corridor includes restaurants, cafes, taverns, a theatre, recreational center, grocery stores, bakeries, and other amenities. Residential property values in the area range from $90,000 to $160,000. The property is blocks away from Corktown and near the Vernor neighborhood with local parks, including Stanton Park, Macomb Park, and Clark Park. Major retailers nearby include Los Galanes Mexican, La Gloria Bakery, Xochimilco, and La Michoacana Tortilla Factory. The site offers extremely close proximity to I-75 and I-96 freeways.
Key Highlights
- Prime location in Mexicantown/Southwest Detroit, blocks from Corktown.
- B‑4 General Business District zoning suitable for commercial use.
- High Walk Score (80‑81) indicating walkability, bikeability, and access to transit.**
Property Analytics
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Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in Mexicantown, near Corktown and major freeways.
Where is this commercial land located?
The property is located at 3338 Bagley St Detroit, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location in Mexicantown/Southwest Detroit, blocks from Corktown.; B‑4 General Business District zoning suitable for commercial use.; High Walk Score (80‑81) indicating walkability, bikeability, and access to transit.**
