4536 Michigan Ave - Storefront FOR SALE


Detroit, MI 48210- Southwest Detroit
$175,000 USD
313-451-0202
4536 Michigan Ave, Detroit, MI for Sale
$175,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

4536 Michigan Ave
Detroit, MI 48210
Southwest Detroit


HIGHLIGHTS

  • Located steps from Corktown and close to Downtown Detroit, Michigan Central Station, and the Detroit River.
  • Recently renovated interior, offering a ready-to-use retail environment.
  • Includes an adjacent 20x100 vacant lot, providing expansion or parking opportunities.
  • Positioned on Michigan Avenue, a major thoroughfare with high traffic and strong visibility.
  • Surrounded by ongoing redevelopment and revitalization projects in Southwest Detroit.
  • Flexible land contract terms available with 30% down.

OVERVIEW

This two-story retail property at 4536 Michigan Avenue offers a unique investment opportunity in the heart of Southwest Detroit. Positioned just steps from Corktown and minutes from Downtown Detroit, the property benefits from proximity to the Michigan Central Train Station, the Detroit River, and major redevelopment projects driving growth in the area. The building, formerly a pawn shop, has been recently updated throughout, providing a move-in-ready space suitable for a wide range of retail or service businesses. Included in the sale is an additional 20x100 vacant lot located immediately adjacent to the building, expanding the total lot size to approximately 40x100. This extra land offers potential for parking, outdoor use, or future development. The property sits along Michigan Avenue, a high-traffic corridor with strong visibility and accessibility, ensuring consistent exposure to both local and commuter traffic. With flexible land contract terms available and a location in one of Detroit’s most active commercial corridors, this property presents an attractive option for investors or owner-users seeking a foothold in a rapidly revitalizing district. No commission being paid by seller to buyer's agent.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,004 SF

ZONING

B4

APN/PARCEL ID

14-000693

ASK ABOUT THIS PROPERTY

Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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