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Retail Storefront on Busy Corridor
For Sale
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3446 Michigan Ave, Detroit, MI 48216

For-sale retail storefront at the NE corner of Michigan Ave and 24th Street with high traffic exposure.

Property Size7,000 SF
Days on Market1240

Property Features for 3446 Michigan Ave

General Information

Standard status Active
Size 7,000 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Iconic Real Estate
Listed By: Jacob Sworski
Source: Moodyscre
Added: Mar 17, 2023 Changed: Jul 27 Last Checked: Aug 6 at 5:13AM

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 Iconic Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail storefront totals approximately 7,000 square feet and is positioned at the NE corner of Michigan Ave and 24th Street.

The property is located about a half-mile from Michigan Central Station and offers high traffic count visibility along Michigan Ave. It is also about 2.2 miles from downtown Detroit and roughly 3 miles from the Detroit-Windsor Border, with exceptional access to I-75 and I-96 Freeways.

The asking price is available by contacting the broker.

Key Highlights

  • Retail storefront for sale on the NE corner of Michigan Ave and 24th Street
  • Approximately 0.5 mile from Michigan Central Station
  • High traffic count on Michigan Ave

Property Analytics

Current Use

Eddie's Produce Agricultural Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
26k
Monthly Visits Nearby

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

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail storefront at the NE corner of Michigan Ave and 24th Street with high traffic exposure.
Where is this retail space located?
The property is located at 3446 Michigan Ave Detroit, MI.
What are key features of this property?
This property features: Retail storefront for sale on the NE corner of Michigan Ave and 24th Street; Approximately 0.5 mile from Michigan Central Station; High traffic count on Michigan Ave
(313) 603-4266 Call to check price and availability
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