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Historic Bank Branch with Parking
For Sale
$279,000

9137 Linwood Street, Detroit, MI 48206

Historic former bank branch offers 6,284 sq. ft. of versatile space with an adjacent parking lot included in the sale.

Property Size6,284 SF
Price / SF$44.40
Days on Market67

Property Features for 9137 Linwood Street

General Information

Standard status Active
Size 6,284 SF
Property subtype Commercial
Zoning Office

Taxes and HOA fees

Annual Taxes $6,770

Building Details

Building Size 6,284 SF
Year Built 1936
Units 2
Listing Agency: Clyde Realty LLC
Listed By: Ian Breck · License #6501453223
Source: Phgrealty
Added: Jun 16 Changed: Aug 14 Last Checked: Aug 21 at 1:17PM

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 Clyde Realty LLC

Investment Insights

Based on property information with market context.

This historic former Detroit Savings Bank branch offers approximately 6,284 square feet of versatile interior space. The property retains original architectural character, including a bank vault, and includes multiple restrooms. The layout includes an upper level that can support offices or other creative workspaces, providing flexibility for a range of uses.

The property is listed for sale and is zoned B4. The sale includes the adjacent parking lot, offering on-site parking and added flexibility for future use or development.

Buyers should note the asset is being sold with the adjacent parking lot and is subject to BATVAI.

Key Highlights

  • Historic former Detroit Savings Bank branch built in 1936
  • 6,284 sq. ft. of versatile interior space for multiple business uses
  • Zoned B4

Property Analytics

Current Use

Clairmont Check Cashing Check Cashing

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Historic former bank branch offers 6,284 sq. ft. of versatile space with an adjacent parking lot included in the sale.
Where is this bank located?
The property is located at 9137 Linwood Street Detroit, MI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Historic former Detroit Savings Bank branch built in 1936; 6,284 sq. ft. of versatile interior space for multiple business uses; Zoned B4
More about this property
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