1842 Michigan Ave Detroit, MI 48216-1332
- Office buildings
- 6,981 SF
- 0.14 lot acres
Current Use by Public Records
- Pivox Sports / Sporting Goods Store
- BSJZ Law / Consultant
Property Details for 1842 Michigan Ave
- Year built
- 1895
- Lot size
- 0.14 lot acres
- Property size
- 6,981 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 08000556.
- APU
- 8000556
Description
This exceptional commercial property, located at 1842 Michigan Avenue, presents a unique opportunity in the vibrant Corktown neighborhood. Situated on a 0.3-acre lot at the northeast corner of Michigan and Rosa Parks Avenues, this two-story building offers a total of 7,395 square feet of space, currently entirely vacant and ready for immediate occupancy. The building boasts a flexible layout, with a minimum divisible space of 3,057 square feet and a maximum contiguous space of 4,338 square feet, making it ideal for a variety of retail uses. The property includes 18 parking spaces, a significant advantage in this high-demand area. The building's zoning is B4 & SD-2, allowing for diverse commercial applications. Its proximity to Ford's Michigan Central Station provides exceptional visibility and accessibility. Built in 1890, this property offers a blend of historic charm and modern potential, presenting a rare opportunity to establish a thriving business in a rapidly developing neighborhood. The sale includes the entire 0.3-acre lot, extending behind the building onto Kaline. This prime location and substantial space make this property an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0714
- Latitude
- 42.3317
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
