Retail Redevelopment
For Sale
$295,000
3939 3rd St, Detroit, MI 48226
A 5,393 sq. ft. Midtown retail redevelopment site zoned B4 with strong pedestrian orientation.
Property Size5,393 SF
Price / SF$54.70
Days on Market349
Property Features for 3939 3rd St
General Information
Standard status
Active
Size
5,393 SF
Zoning
B4
Taxes and HOA fees
Annual Taxes
$12,176
Listing Agency:
O'Connor Realty Detroit, LLC
(313) 963-9891
Listed By:
Vincent Mazzola · License #6501387170
(313) 963-9891
Source:
Exprealty
Added: Aug 28, 2025
Changed: Aug 8
Last Checked: Jun 16 at 2:27AM
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 Realty Detroit, LLC
Investment Insights
Based on property information with market context.
The property at 3939 3rd St is a redevelopment opportunity totaling 5,393 square feet. It is positioned for potential commercial reuse or redevelopment, supported by its B4 zoning designation, which allows for a wide range of commercial uses.
Located on 3rd Street between Selden and Alexandrine in Midtown, the site is described as offering visibility and walkability. The immediate area includes nearby destinations such as Little Caesars Arena, Selden Standard, Honest John's, SheWolf, and Mad Nice.
For investors, developers, and operators seeking a flexible B4 site in a pedestrian-oriented setting, this property offers a straightforward redevelopment platform within an active Midtown retail and entertainment corridor. Interested parties should review zoning details and intended use requirements in advance to confirm fit for their specific concept.
Located on 3rd Street between Selden and Alexandrine in Midtown, the site is described as offering visibility and walkability. The immediate area includes nearby destinations such as Little Caesars Arena, Selden Standard, Honest John's, SheWolf, and Mad Nice.
For investors, developers, and operators seeking a flexible B4 site in a pedestrian-oriented setting, this property offers a straightforward redevelopment platform within an active Midtown retail and entertainment corridor. Interested parties should review zoning details and intended use requirements in advance to confirm fit for their specific concept.
Key Highlights
- 5,393 SF Midtown retail redevelopment site on 3rd Street between Selden and Alexandrine
- Zoned B4, allowing a wide range of commercial uses
- Steps from Little Caesars Arena and multiple nearby businesses including Selden Standard, Honest John's, SheWolf, and Mad Nice
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,603
Businesses Nearby
Explore this area
Business Placement
Demographics for 48226, MI
6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A 5,393 sq. ft. Midtown retail redevelopment site zoned B4 with strong pedestrian orientation.
Where is this apartment building located?
The property is located at 3939 3rd St Detroit, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 5,393 SF Midtown retail redevelopment site on 3rd Street between Selden and Alexandrine; Zoned B4, allowing a wide range of commercial uses; Steps from Little Caesars Arena and multiple nearby businesses including Selden Standard, Honest John's, SheWolf, and Mad Nice
