2532 Michigan Avenue, Detroit, MI 48216

$200,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$200,000
Days on Market
116
MLS#
20261023069
Status
ACTIVE
Type
Land

Property Description

Located on prime Michigan Avenue in the heart of Corktown, this rare mixed-use investment delivers the scale, location, and upside serious investors are chasing. The property features 2 commercial storefronts, 2 residential units, and additional vacant land—creating immediate income potential with long-term value growth.The included vacant land offers a privately fenced lot with alley access, ideal for secure parking, tenant amenities, or future development—an increasingly rare advantage in a high-demand corridor where space is limited and values continue to rise. Positioned just steps from Michigan Central Station and the future Detroit City Football Club Stadium, this asset sits at the center of billions in redevelopment. Surrounded by some of Detroit’s most popular restaurants, bars, and retail, the location drives strong foot traffic, tenant demand, and long-term appreciation. This is more than real estate—it’s a strategic foothold in Detroit’s fastest-growing corridor. Opportunities like this on Michigan Avenue are extremely limited and rarely come to market.Seller is highly motivated and ready to sell—bring your strongest offer. Buyer’s agent must be present for all showings. All measurements are estimated; Buyer to Verify All Information (BATVAI). Property is being sold ONLY as a package with 2526, 2538, and 2544 Michigan Avenue for $2,000,000.

Additional Information

Taxes
$215
Acres
0.05
School District
Detroit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Noor M Elmoussaoui from Listing Office: DTW Experts LLC.

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .