Redevelopment Office Building
For Sale
Contact for pricing
3939 3rd Street, Detroit, MI 48201
Zoned B4 office redevelopment on 3rd Street near Little Caesars Arena and surrounding local dining.
Property Size5,393 SF
Price / SF$50.99
Days on Market279
Property Features for 3939 3rd Street
General Information
Standard status
Active
Size
5,393 SF
Property subtype
Multifamily, Office
Zoning
B4
Building Details
Year Built
1915
Listing Agency:
O'Connor Real Estate
Listed By:
Vincent Mazzola
Source:
Crexi
Added: Nov 2, 2025
Changed: Jul 10
Last Checked: Aug 4 at 1:40PM
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
Investment Insights
Based on property information with market context.
This 5,393-square-foot redevelopment opportunity is an office building positioned on 3rd Street. The offering is presented as a flexible redevelopment site, and it is zoned B4, which supports a wide range of commercial uses. The current configuration and redevelopment scope are intended to be tailored to the next user’s concept.
The property is located at 3939 3rd Street in Midtown, Detroit, on 3rd Street between Selden and Alexandrine. It is described as offering strong visibility and walkability, with multiple nearby destinations within steps, including Little Caesars Arena, Selden Standard, Honest John’s, SheWolf, and Mad Nice.
For buyers or operators seeking a centrally located site with B4 zoning, this property offers a practical platform for repositioning into an office or other approved commercial use. Its Midtown setting and proximity to established entertainment and dining venues can support concepts that benefit from consistent neighborhood activity and customer traffic within walking distance.
The property is located at 3939 3rd Street in Midtown, Detroit, on 3rd Street between Selden and Alexandrine. It is described as offering strong visibility and walkability, with multiple nearby destinations within steps, including Little Caesars Arena, Selden Standard, Honest John’s, SheWolf, and Mad Nice.
For buyers or operators seeking a centrally located site with B4 zoning, this property offers a practical platform for repositioning into an office or other approved commercial use. Its Midtown setting and proximity to established entertainment and dining venues can support concepts that benefit from consistent neighborhood activity and customer traffic within walking distance.
Key Highlights
- 5,393 sq ft redevelopment opportunity on 3rd Street in Midtown Detroit
- Zoned B4, allowing a wide range of commercial uses
- Located between Selden and Alexandrine
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,603
Businesses Nearby
Explore this area
Business Placement
Demographics for 48201, MI
14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Zoned B4 office redevelopment on 3rd Street near Little Caesars Arena and surrounding local dining.
Where is this office building located?
The property is located at 3939 3rd Street Detroit, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 5,393 sq ft redevelopment opportunity on 3rd Street in Midtown Detroit; Zoned B4, allowing a wide range of commercial uses; Located between Selden and Alexandrine
