Detroit, MI Parking Lots & Garages for Sale

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17 properties

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Updated: Nov 27, 2025

Detroit Property in Mexicantown

3553 Vernor Hwy, Detroit, MI 48216

$825,000

11,282 sqft

Large, beautifully maintained building (approx. 11,282 sq ft) suitable for various uses.
Impressive, light‑flooded event hall with original hardwood floor, chandeliers, and arched windows.
Updated electrical and HVAC systems.
Located in Detroit's Mexicantown neighborhood, near Michigan Central Station.
Includes a 16‑car parking lot.

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This listing looks promising.

Here's a quick look at some key insights for

3553 Vernor Hwy, Detroit, MI 48216

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$55K
Annual
Price @ 7% Cap

$784K
Suggested

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Updated: Apr 24

Fully Fenced Used Car Lot

23321 Plymouth Road, Redford, MI 48239

$749,900

1,764 sqft

Used car lot on a fully fenced site
Business and real estate included
Year built: 1966

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Frontage Parking Lot With Former Store

6526 John R St, Detroit, MI 48202

$795,000

1,788 sqft

Parking lot with frontage on Grand Boulevard for sale near Woodward Avenue.

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Brick Retail Building with Clear-Span Annex

9117 Grand River Ave, Detroit, MI 48204

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25,000 sqft

Two-building retail property features a high-ceiling, brick-and-limestone main structure plus a steel clear-span annex with new roof.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Detroit Flex Industrial and Garages

17129 Rockdale St., Detroit, MI 48219

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2,230 sqft 0.39 AC lot

Two abutting properties: flex industrial/office and garage units for sale.

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Former Car Dealer & Collision Shop

102 W State Fair, Detroit, MI 48203

$299,900

Empty automotive shell with an existing bathroom, plus a fully gated parking lot on an included parcel.

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Detroit Commercial Property with Parking

2670 Chalmers Street, Detroit, MI 48215

$599,999

Versatile Detroit building with renovation potential and ample parking.

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Downtown Surface Parking Lot

1255 Broadway St, Detroit, MI 48226

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4,056 sqft 0.09 AC lot

Surface parking lot in Detroit’s Central Business District, zoned B5 and constrained by People Mover pillars.

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Warren Avenue Property with Parking

16921 W WARREN Ave, Detroit, MI 48228

$495,000

0.28 AC lot

Property on Warren Avenue with ample on-site parking.

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Detroit Parking Lot For Sale

18301 HARTWELL St, Detroit, MI 48235

$75,000

0.23 AC lot

9,800 SF parking lot with alley access.

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Detroit Parking Lot Opportunity

3101 Franklin St, Detroit, MI 48207

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Prime parking lot in thriving Detroit area for sale.

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Commercial Lot in Southwest Detroit

3338-3342 Bagley St, Detroit, MI

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0.14 AC lot

Vacant, paved commercial parking lot in Mexicantown-Southwest Detroit.

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High-Visibility Auto Dealership on Joy

16912 - 16926 Joy Road, Detroit, MI 48228

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1,200 sqft

Licensed auto dealership with high traffic and repair facility.

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Retail Space with Parking Lot

14131 Fenkell Ave, Detroit, MI 48227

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7,420 sqft

7,420 sq ft retail space with adjacent parking.

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Downtown Parking Lot

241 Bagley St, Detroit, MI 48226

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Parking lot available for sale in Detroit’s central business district near major downtown venues.

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Portfolio Sale Development Opportunity

17105 Woodward Avenue, Detroit, MI 48203

$1,200,000

Five parcels including buildings and parking lots on 1.7 acres.

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Land for Development Opportunity

19700 Woodward Avenue, Detroit, MI 48203

$600,000

Land suitable for development, ideal for fast food location.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Detroit, MI, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

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.

PARKING GARAGE, PARKING STRUCTURE

3717 John R St, Detroit, MI 48201-2401

Value Estimation by Request

288,990 sqft 1.29 AC lot

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PARKING GARAGE, PARKING STRUCTURE

1208 Woodward Ave, Detroit, MI 48226-2007

Value Estimation by Request

92,400 sqft 2.12 AC lot

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RESIDENTIAL PARKING GARAGE

8534 Michigan Ave, Detroit, MI 48210-2057

Value Estimation by Request

457 sqft 0.04 AC lot

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RESIDENTIAL PARKING GARAGE

4721 Warren Ave, Detroit, MI 48210-1465

Value Estimation by Request

540 sqft 0.14 AC lot

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PARKING GARAGE, PARKING STRUCTURE

328 Congress St, Detroit, MI 48226-3127

Value Estimation by Request

73,140 sqft 0.34 AC lot

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PARKING GARAGE, PARKING STRUCTURE

1883 Woodward Ave, Detroit, MI 48226-2008

$355,000

Estimated value

144,034 sqft 2.22 AC lot

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PARKING GARAGE, PARKING STRUCTURE

1600 Woodward Ave, Detroit, MI 48226

$360,000

Estimated value

85,104 sqft 1.99 AC lot

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Detroit, MI Parking Lots & Garages Market Trends and Statistics

Explore 72 parking lots & garages for sale in Detroit, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 54,740 square feet of properties for sale, with an estimated market value of $5,639,799.

Sale prices for parking garages in Detroit, MI start at $75,000, averaging $626,644, and reaching up to $1,200,000 — 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
Highland Park	$700K
Detroit	$1.4M

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 10,000 to 25,000 square foot range.

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