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Midtown Detroit Building For Sale

3711 2nd Ave, Detroit, MI 48201

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For Sale

$500,000

3,139 SF building in walkable Midtown location.

Type:Commercial

Property size:

3,139 SF

Lot size:

0.08 Acres

Price / SF:

$159/SF

We can help!

Contact an agent

Vincent Mazzola

Real Estate License ID: 6501387170

HighLights

Prime location on 2nd Avenue in Midtown, one block from Selden Standard and close to numerous popular restaurants and bars.
Significant size: 3,139‑square‑foot building on a 3,800‑square‑foot lot.
Environmental due diligence completed (Phase I & II ESAs, BEA, due care plan).
Highly walkable location adjacent to Midtown's cultural district with easy access to museums.
Ceiling treated with anti‑mold spray and no fire damage.
Seller financing may be available.

For Sale

$500,000

3,139 SF building in walkable Midtown location.

Type:Commercial

Property size:

3,139 SF

Lot size:

0.08 Acres

Price / SF:

$159/SF

Added:: Mar 10, 2026
Days on Market:: 120
Last Refresh:: Jul 2 at 6:16 pm

Property Features for 3711 2nd Ave

General Information

Standard status: Active
Size: 3,139 SF
Lot size: 0.08 Acres
Property subtype: Commercial

Building Details

Year Built: 1955

We can help!

Contact an agent

Vincent Mazzola

Listing office O'Connor Real Estate

Listing date Mar 10, 2026

Source Elliman

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 O'Connor Real Estate

HighLights

Prime location on 2nd Avenue in Midtown, one block from Selden Standard and close to numerous popular restaurants and bars.
Significant size: 3,139‑square‑foot building on a 3,800‑square‑foot lot.
Environmental due diligence completed (Phase I & II ESAs, BEA, due care plan).
Highly walkable location adjacent to Midtown's cultural district with easy access to museums.
Ceiling treated with anti‑mold spray and no fire damage.
Seller financing may be available.

Overview

Located one block from Selden Standard on 2nd Avenue in Midtown, this one-story building offers 3,139 square feet of space on a 3,800-square-foot (0.087-acre) lot with frontage on 2nd Avenue. The location is highly walkable and convenient, situated just a couple of blocks from establishments such as SheWolf, Rocco’s Italian Deli, Barcade, and Seasons. It is also adjacent to Midtown’s cultural district, providing easy access to Detroit’s museums. Environmental due diligence has been completed, including Phase I and Phase II Environmental Site Assessments, a Baseline Environmental Assessment (BEA), and a due care plan. The ceiling has been treated with an anti-mold spray and has not seen fire damage.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$58.4k	$18.60
− Vacancy	−$3.2k	−$1.00
EGI	$55.2k	$17.60
− OpEx	−$16.6k	−$5.28
NOI	$38.7k	$12.32

3,139 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$552.3K

$483.3K – $644.4K (±1% cap)

NOI $38,663 @ 7.0% cap · market cap 7.73%

Second Best

Office B

$454.3K

$397.5K – $530.0K (±1% cap)

NOI $31,801 @ 7.0% cap · market cap 6.36%

Theoretical Best

Office A

$692.5K

$605.9K – $807.9K (±1% cap)

NOI $48,473 @ 7.0% cap · market cap 9.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Dr. louis M. ... Physician

Suggested Use

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Location Insight

Map
Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.0645
Latitude: 42.347

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For sale
Storefront properties
MI
Detroit
48201
3711 2nd Ave

What type of property is this?

Storefront property - 3,139 SF building in walkable Midtown location.

Where is this storefront property located?

The property is located at 3711 2nd Ave Detroit, MI.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Prime location on 2nd Avenue in Midtown, one block from Selden Standard and close to numerous popular restaurants and bars.; Significant size: **3,139‑square‑foot building on a 3,800‑square‑foot lot.**; Environmental due diligence completed (Phase I & II ESAs, BEA, due care plan).