Detroit, MI Live-work Space for Sale

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7 properties

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Updated: Sep 11, 2025

Live-Work and Restaurant Building

1250 Library Street, Detroit, MI 48226

$5,900,000

32,100 sqft

100% occupied mixed‑use building built in 1907 featuring 8 traditional style live/work lofts, plus 1 office and 1 art studio
In‑house Vicentes Cuban Cuisine on site
Owned, renovated, and cared for since 1992
Renovated interiors include exposed ductwork and brick, original maple floors, and high ceilings
Bi‑level units; each unit includes DWs, fridges, gas ranges, and in‑unit W/D

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This listing looks promising.

Here's a quick look at some key insights for

1250 Library Street, Detroit, MI 48226

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Est. Cap Rate

7.2%
Above avg (5.9%)
Est. NOI

$424K
Annual
Mortgage

$600K
May 2017
Property Type

Retail Stores
Built 1907

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Updated: Mar 31

Mixed-Use Building in Detroit

20331 Fenkell Street, Detroit, MI 48223

$74,900

0.09 AC lot

Two‑unit building in a commercial zone offers business and residential opportunities.
Includes adjacent vacant lot, expanding potential use.
Each unit features 2 bedrooms and 1 bath.
Full basement provides additional space.
Located in the revitalizing Brightmoor community.

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Historic Church with Stained Glass

7000 W Chicago, Detroit, MI 48204

$395,000

9,994 sqft

Sanctuary with seating up to 200 plus fellowship hall, classrooms, offices, and exterior space; zoned B4.

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Live-Work and Restaurant Building

1250 Library Street Unit SourceFi, Detroit, MI 48226

$5,900,000

32,100 sqft

Eight traditional live/work lofts plus an office, art studio, and Cuban restaurant are 100% occupied.

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Mixed-Use Building with Adjacent Parking

13532 Conant Street Unit SourceFi, Detroit, MI 48212

$359,000

1,440 sqft

Main-level commercial space with two upper residential units, plus an adjacent lot for parking convenience.

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Ground-Floor Live/Work Condominium

3434 Russell Street, Detroit, MI 48207

Contact for pricing

2,550 sqft

Ground-floor live/work unit with high ceilings, exposed brick, adjacent outdoor space, and two 16-foot garage stalls.

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Historic Live-Work Building

1124 McKinstry St, Detroit, MI 48209

$229,000

Two-unit historic building offers potential for storefront or office use with residential space above.

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Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 7 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tri-Unit Live-Work Property

695 Livernois Street, Ferndale, MI 48220

$749,900

3,186 sqft 0.10 AC lot

Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.

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Live/Work Building with Loft Apartment

1026 State Street, Port Huron, MI 48060

$229,900

2,320 sqft 0.08 AC lot

B1-zoned building combining a main-level office and an attached heated/cooled shop with a renovated one-bedroom loft above.

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Live-Work Triplex Property

695 Livernois, Ferndale, MI 48220

$749,900

3,986 sqft

Tri-unit live-work property featuring modern residential space and mixed-use zoning for flexible commercial opportunities.

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Live-Work Commercial Building

1026 State Street, Port Huron, MI 48060

$229,900

2,320 sqft

Versatile B1-zoned building with main-level office space and an attached heated/cooled garage-shop area with tall ceilings.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000

0.16 AC lot

Land zoned Live Work 1 with downtown views.

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Parking Lot and Events Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000

7,316 sqft 0.32 AC lot

City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

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Spacious Commercial Building on M-65

4271 N M-65, Hale, MI 48739

$480,000

5,500 sqft 4.00 AC lot

Large commercial building with living space on heavily traveled M-65.

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Industrial Land with Man-Made Ponds

645 Route 30, Clinton, PA 15026

$215,000

13.18 AC lot

Zoned I-1 industrial land on 13.18 acres with 10 man-made ponds and a 1-bedroom, 1-bath residence onsite.

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Off-Market Properties in Detroit, MI

Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

26732 Grand Riv Ave, Redford, MI 48240-1511

Value Estimation by Request

2,815 sqft 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

20140 Schoolcraft, Detroit, MI 48223-2851

Value Estimation by Request

4,268 sqft 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1417 Van Dyke St, Detroit, MI 48214-2374

Value Estimation by Request

1,980 sqft 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

13928 Westwood St, Detroit, MI 48223-2817

Value Estimation by Request

26,772 sqft 0.47 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

10300 Dexter Ave, Detroit, MI 48206-1421

Value Estimation by Request

22,660 sqft 0.39 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

14700 Jefferson Ave, Detroit, MI 48215-2904

$950,000

Estimated value

13,804 sqft 0.23 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

828 Fisher Fwy, Detroit, MI 48201-3342

Value Estimation by Request

12,412 sqft 0.14 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2700 Riopelle St, Detroit, MI 48207-4510

$1,435,000

Estimated value

11,019 sqft 0.13 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

26313 Grand Riv Ave, Redford, MI 48240-1512

$725,000

Estimated value

5,120 sqft 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

25101 Plymouth Rd, Redford, MI 48239-2073

$630,000

Estimated value

3,740 sqft 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

26403 Grand Riv Ave, Redford, MI 48240-1504

$780,000

Estimated value

5,280 sqft 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

14115 Jefferson Ave, Detroit, MI 48215-2927

$1,270,000

Estimated value

25,992 sqft 0.38 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

13009 Gratiot Ave, Detroit, MI 48205-3405

Value Estimation by Request

977 sqft 0.05 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

8538 Michigan Ave, Detroit, MI 48210-2057

Value Estimation by Request

3,173 sqft 0.04 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

25296 5th Mile Rd, Redford, MI 48239-3702

Value Estimation by Request

2,940 sqft 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

133 7th Mile Rd, Detroit, MI 48203-1968

Value Estimation by Request

3,440 sqft 0.04 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

26307 Grand Riv Ave, Redford, MI 48240-1466

Value Estimation by Request

2,400 sqft 0.11 AC lot

View details

Detroit, MI Live-Work Space Market Trends and Statistics

Explore 45 live-work space for sale in Detroit, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 75,634 square feet of properties for sale, with an estimated market value of $12,554,000.

Sale prices for live-work properties in Detroit, MI start at $359,000, averaging $3,138,500, and reaching up to $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 850K

Population Growth (5Y) -4.2%

Median Household Income $48,716

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48227	$85K
48213	$119.9K
48223	$162.5K
48224	$189K
48209	$229K

Taxes & Financing

Tax Rate (average for all types) 3.32%

Property Tax per SF $36.71 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 50,000 to 100,000 square foot range.

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Detroit, MI Live-work Space for Sale

1250 Library Street, Detroit, MI 48226

20331 Fenkell Street, Detroit, MI 48223

7000 W Chicago, Detroit, MI 48204

1250 Library Street Unit SourceFi, Detroit, MI 48226

13532 Conant Street Unit SourceFi, Detroit, MI 48212

3434 Russell Street, Detroit, MI 48207

1124 McKinstry St, Detroit, MI 48209

Opportunities in Nearby Cities

695 Livernois Street, Ferndale, MI 48220

1026 State Street, Port Huron, MI 48060

695 Livernois, Ferndale, MI 48220

1026 State Street, Port Huron, MI 48060

Potential Development Sites for Consideration

209 E North Street, Kalamazoo, MI 49007

407 Turner Avenue NW, Grand Rapids, MI 49504

4271 N M-65, Hale, MI 48739

645 Route 30, Clinton, PA 15026

Off-Market Properties in Detroit, MI

26732 Grand Riv Ave, Redford, MI 48240-1511

20140 Schoolcraft, Detroit, MI 48223-2851

1417 Van Dyke St, Detroit, MI 48214-2374

13928 Westwood St, Detroit, MI 48223-2817

10300 Dexter Ave, Detroit, MI 48206-1421

14700 Jefferson Ave, Detroit, MI 48215-2904

828 Fisher Fwy, Detroit, MI 48201-3342

2700 Riopelle St, Detroit, MI 48207-4510

26313 Grand Riv Ave, Redford, MI 48240-1512

25101 Plymouth Rd, Redford, MI 48239-2073

26403 Grand Riv Ave, Redford, MI 48240-1504

14115 Jefferson Ave, Detroit, MI 48215-2927

13009 Gratiot Ave, Detroit, MI 48205-3405

8538 Michigan Ave, Detroit, MI 48210-2057

25296 5th Mile Rd, Redford, MI 48239-3702

133 7th Mile Rd, Detroit, MI 48203-1968

26307 Grand Riv Ave, Redford, MI 48240-1466

Detroit, MI Live-Work Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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