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Financial
Distress signals
Property profile

3536 Michigan Ave Detroit, MI 48216

OFF-MARKET
Bars & Pubs
Property ID
US43-0324690
918 SF 0.02 ac lot Built 1941
Last sale Dec 2024 · $170,063
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This vacant, 915-square-foot retail building, located at 3536 Michigan Ave in Detroit, Michigan, presents a unique investment opportunity. Built in 1941 and extensively renovated in 2022, the property boasts a new roof and updated electrical systems, ready for immediate occupancy. The single-story building sits on a 1,000-square-foot lot and is zoned B4. Its prime location in Detroit's vibrant Corktown neighborhood places it within close proximity to numerous high-profile businesses and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$463
Tax billed · 2020
Assessed value · 2024$25k
Effective rate1.82%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.0
Law Firm19.9
Hair Salon15.4

Location

3536 Michigan Ave Detroit, MI 48216-1007
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3535 Vernor, Detroit, MI 48216-1552 $200,000 May 2023 2,352 SF
1828 Michigan, Detroit, MI 48216-1332 $800,000 Sep 2022 2,032 SF
3400 Michigan, Detroit, MI 48216-1041 $200,000 Mar 2022 3,487 SF
3640 Michigan, Detroit, MI 48216-1009 $400,000 Jan 2022 2,741 SF
1408 Porter, Detroit, MI 48216-1934 $335,000 Dec 2018 4,243 SF
2000 Michigan, Detroit, MI 48216-1303 $909,600 Dec 2018 2,842 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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