2101 Michigan AveDetroit, MI 48216

Property Details for 2101 Michigan Ave

Lot size

0.05 AC

Zone code

B4

Property type

Land

Property subtype

Commercial land

APN

10000219.

APU

10000219

Description

This exceptional 3,275 sq ft lot presents a remarkable investment opportunity in Detroit's thriving Corktown neighborhood. Boasting 62 feet of frontage on Michigan Avenue, this mixed-use zoned property offers unparalleled flexibility for a variety of developments, including office, retail, medical, multi-family, or mixed-use projects. Its strategic location places it directly adjacent to the transformative Michigan Central Station Project and the recently revitalized Roosevelt Park, ensuring high visibility and access to a growing community. The property comprises two adjacent parcels (2101 and 2105 Michigan Ave) situated on a corner lot at the intersection of Michigan Avenue and Wabash Street. Its proximity to major expressways (I-75 and I-96) and Downtown Detroit further enhances its appeal. Designated as a Detroit Opportunity Zone, this location allows for the potential to build up to four stories, maximizing development potential. This is a rare chance to acquire a substantial property in a rapidly developing area with significant upside potential. The asking price is $499,000. The property is privately owned.

• Alternative Use

  Use

  Valuation

  Residential

  $482,506

  Hospitality

  $441,973

  Educational

  $367,716

  Medical

  $380,363

  Retail

  $572,003

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3311

Longitude

-83.0751

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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