2564 Michigan Ave - Storefront Retail/Residential FOR SALE


Detroit, MI 48216- Corktown
$1,799,900 USD
248-266-2566
2564 Michigan Ave, Detroit, MI for Sale
$1,799,900 USD
Storefront Retail/Residential - FOR SALE
1/73
null | Request Cap Rate

2564 Michigan Ave
Detroit, MI 48216
Corktown


HIGHLIGHTS

  • An intimate, high-end boutique hotel residence known for its bespoke experience and discerning clientele.
  • Flexibility to use the space as an owner occupant, business, mixed-use, single occupant, rental
  • Located in the heart of Corktown with 4-car garage, the property is surrounded by Detroit’s most celebrated destinations

OVERVIEW

A rare opportunity to own one of Detroit's most distinctive offerings—a curated 2,000 sq ft penthouse residence atop the iconic Blanco Building in the heart of Corktown, complete with 3,230 sq ft of premier ground-floor commercial space, a private courtyard, and an attached four-car garage. The exceptional 3 bedroom penthouse that feels more like a private Soho-inspired residence. Encompassing over 2,000 sqft of indoor-outdoor living (1,000 sqft terrace), the home was thoughtfully designed for those who appreciate architecture, design, wellness, and effortless entertaining. 10FT ceilings, abundant natural light, original skylights, early-1900s ceiling medallions, pocket doors, chair rail detailing, and tongue-and-groove longleaf heart pine flooring create a rich dialogue between historic character and contemporary luxury. Every room has been intentionally curated with Soho Home furnishings & designer fixtures. The chef's kitchen is equally refined and functional, featuring quartzite countertops, a dramatic island with integrated sink, Wolf double ovens, a built-in Bosch refrigerator, and an Elkay reverse-osmosis water station—perfectly suited for intimate dinners or large-scale entertaining. The primary suite is a private retreat with an adjoining sitting room with original pocket doors, a dedicated workspace, and a custom walk-in wardrobe complete with in-suite laundry. The spa-inspired bath features marble countertops, handcrafted zellige tile, a generous walk-in shower beneath a skylight, and full-length mirrors that enhance the serene atmosphere. A beautifully appointed secondary bedroom is complemented by an oversized powder room with a double vanity and dedicated makeup area, while the home's Four Seasons sunroom and dedicated wellness room is equipped with an infrared sauna, Peloton, and treadmill. The commercial space can remain income-producing or be transformed into retail space, gallery/studio, hospitality venue or an extension of the residential unit. Possibilities are endless.

FOR SALE DETAILS

PRICE

$1,799,900 USD

PRICE/SF

$293 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Luxury Live-Work Opportunity in Corktown

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B4

APN/PARCEL ID

10-000264

ASK ABOUT THIS PROPERTY

Vadim OssNika & CoMore Info
248-266-2566

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Vadim OssNika & CoMore Info
248-266-2566

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.