Mixed-Use Building Near Wayne
5101 Trumbull St, Detroit, MI 48208
Mixed-use building with retail and apartments near Wayne State.
Property size:
8,300 SFPrice / SF:
$119/SF- Added:
- Jun 18, 2025
- Days on Market:
- 340
- Last Refresh:
- May 21 at 4:54 pm
Property Features for 5101 Trumbull St
General Information
- Standard status
- Active
- Size
- 8,300 SF
Listing agent Daniel P Mullan (248) 348-3000
Listing office RE/MAX Classic (248) 348-3000
Listing date Jun 18, 2025
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Classic
HighLights
- Prime location directly across from Wayne State University, offering high visibility and traffic.
- Two retail spaces on the first floor with a second‑floor mezzanine, providing flexibility.
- Three apartments on the third floor (1‑bedroom, 2‑bedroom, and 3‑bedroom units) offering immediate rental income potential.
- Well‑maintained building with mostly new mechanicals.
- Opportunity to occupy one retail space while renting out the other retail space and apartments.
- Includes an additional adjacent lot on Putnam, expanding the property's potential.
Overview
This mixed-use building features two retail spaces on the first floor, each with a second-floor open mezzanine. The all-brick building has wooden interior built-ins. One unit is slightly larger and includes a kitchen and dining room. The third floor contains three apartments: a one-bedroom unit, a two-bedroom unit, and a three-bedroom unit. The building is in very good condition with mostly new mechanicals. It is located directly across from Wayne State University in an area with high traffic, suitable for retail businesses. The purchaser could rent out all units or use one side of the building for their own business and rent out the other side, plus the three apartments. The property includes an additional lot adjacent to the existing lot on Putnam. The building encompasses 8,300 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0797622
- Latitude
- 42.3532017
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with retail and apartments near Wayne State.
Where is this mixed-use property located?
The property is located at 5101 Trumbull St Detroit, MI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location directly across from Wayne State University, offering high visibility and traffic.; Two retail spaces on the first floor **with a second‑floor mezzanine**, providing flexibility.; Three apartments on the third floor (1‑bedroom, 2‑bedroom, and 3‑bedroom units) offering immediate rental income potential.
