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2334 Michigan Ave 2,474 SF Retail Building Detroit, MI 48216 $562,500 ($227.36/SF)
Executive Summary
This former 2,700-square-foot bar sits on a 0.207-acre site (9,017 square feet) in the heart of Corktown. Surrounded by significant investment and redevelopment activity, the property offers an opportunity for an owner-user, investor, or developer seeking a well-positioned asset in one of Detroit's most sought-after districts. The flexible building layout and prominent Michigan Avenue frontage lend themselves to a variety of commercial, hospitality, retail, or adaptive reuse applications. The offering includes 2330 and 2334 Michigan Avenue. Neighbors: Michigan Central Station, Ford Motor Company, Level 3 Communications, Southwest Greenway, Honeybee Market, Airspace Link, Ford Motor Co.'s Book Depository, New Lab Michigan Central, Detroit Bus Company, IMA, Slows BBQ, Metropolis Cycles, Mercury Burger Bar, Grandma Bob's, Corktown Health Center, Detroit Public Safety Academy and UPS Detroit International Import Hub
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,474 SF
Building Class
C
Year Built
1953
Price
$562,500
Price Per SF
$227.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
B4
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-00027-980 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $148,500 |
Property Taxes
Parcel Number
10-00027-980
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$148,500
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2334 Michigan Ave
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