2846 Trumbull St, Detroit, MI 48216-1271
This exceptional mixed-use property at 2846 Trumbull Avenue in Detroit, Michigan, presents a compelling investment opportunity. Located directly adjacent to the Motor City Casino, this 2,391 square foot building sits on a substantial 2,391-acre lot. Built in 1915, the property is currently vacant, offering a blank canvas for redevelopment. The asking price is $399,000, translating to $166.88 per square foot. The property's zoning, Special Development District-Mixed Use (SD2), allows for a wide range of uses. Potential projects could include a drive-through restaurant, liquor store, a multi-family building with ground-floor retail space, or a laundromat, among other possibilities. The building's history includes a long-standing operation as a liquor store for over 50 years, although the liquor license is no longer active. This prime location and flexible zoning make this a highly attractive proposition for developers seeking a high-impact project in a vibrant Detroit neighborhood. The property's size and proximity to the Motor City Casino offer significant advantages for attracting customers and maximizing return on investment. This is a rare chance to acquire a substantial property in a high-traffic area with immense potential for future growth. The property's address is 2846 Trumbull, Detroit, MI 48216.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Detroit, MIDetroit. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.