Industrial Building with Adjacent
For Lease
Contact for pricing
3950 Michigan Ave, Detroit, MI 48210
M2-zoned industrial property includes additional parcels for parking, storage, staging, or future expansion.
Space Size9,296 SF
Days on Market133
Property Features for 3950 Michigan Ave
General Information
Standard status
Active
Size
9,296 SF
Total Parking Spaces
10
Property subtype
Industrial
Zoning
M2
Lease Type
NNN
Space & Availability
Divisible
No
Space Use
Industrial
Additional Details
Land Use
industrial
Building Details
Building Size
9,296 SF
Year Built
1915
Buildings
1
Tenancy
Single
Spaces For Lease
at 3950 Michigan Ave Contact us- Size
- 9,296 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Full Building $14/SF/Yr
Listing Agency:
TAP CRE LLC
Listed By:
Alan Davidov · License #6505433487
(313) 306-7653
Source:
Crexi
Added: Apr 23
Changed: Aug 30
Last Checked: Sep 2 at 4:00AM
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 TAP CRE LLC
Investment Insights
Based on property information with market context.
The property centers on a 9,296-square-foot industrial building constructed in 1915 and positioned on approximately 0.21 acres. The site is identified with M2 zoning, providing an industrially oriented setting for the existing improvement and associated land.
Two adjoining parcels at 3944 Michigan Ave and 3948 Michigan Ave are included in the property configuration. Public records identify 3944 Michigan Ave as an industrial-zoned vacant parcel measuring approximately 4,792 square feet. Together, the additional land can support parking, outdoor storage, staging, expansion, or redevelopment planning, subject to applicable approvals.
Two adjoining parcels at 3944 Michigan Ave and 3948 Michigan Ave are included in the property configuration. Public records identify 3944 Michigan Ave as an industrial-zoned vacant parcel measuring approximately 4,792 square feet. Together, the additional land can support parking, outdoor storage, staging, expansion, or redevelopment planning, subject to applicable approvals.
Key Highlights
- 9,296‑square‑foot industrial building constructed in 1915
- Approximately 0.21 acres at 3950 Michigan Ave
- M2 zoning identified for the industrial property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 48210, MI
27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$9.7 /SF/Yr
Avg Asking Price
$4.8–$22.07 /SF/Yr
Price Range
67,126 SF
Avg Space Size
This space is priced 44% above the average of $9.7 /SF/Yr.
Vacancy Rate% for Industrial in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - M2-zoned industrial property includes additional parcels for parking, storage, staging, or future expansion.
Where is this industrial property located?
The property is located at 3950 Michigan Ave Detroit, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 9,296‑square‑foot industrial building constructed in 1915; Approximately 0.21 acres at 3950 Michigan Ave; M2 zoning identified for the industrial property
