$550,000

4435 W VERNOR, Detroit, MI 48209

  • 1 bath |
  • 5,246 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Prime Mixed-Use Redevelopment Opportunity in the Heart of Mexicantown Discover an exceptional investment opportunity in one of Detroit's most vibrant and culturally rich neighborhoods—Mexicantown. Located on highly traveled Vernor Highway just minutes from downtown Detroit, this mixed-use property offers tremendous upside for investors, developers, or owner-occupants seeking a value-add asset in a rapidly growing corridor. Property Features Building Size: 5,246 square feet Lot Size: 84' frontage × 134' depth Flexible Mixed-Use Layout: Ideal opportunity to redevelop into street-level commercial space with two residential apartments above, creating multiple income streams. Additional Parking Lot: The adjacent lot provides ample space for customer and tenant parking, outdoor seating, or future site improvements—an increasingly valuable amenity in this busy commercial district. Additional Out-Building: Included with the sale, offering storage, workshop space, or additional business use. Prime Location: Outstanding visibility on Vernor Highway with excellent traffic counts and surrounded by popular restaurants, retail, and neighborhood attractions. Investment Potential Whether you're looking to establish a flagship business, develop a mixed-use income property, or reposition an existing building, this property offers outstanding flexibility. The configuration lends itself perfectly to a commercial storefront on the first floor with two upscale apartments on the second level, providing strong long-term rental income while benefiting from Detroit's continued neighborhood revitalization. The additional lot offers a significant competitive advantage by providing dedicated parking for both residential tenants and commercial customers, while also allowing for future expansion or outdoor amenities. Development & Incentive Opportunities This property presents an excellent opportunity to capitalize on Detroit's ongoing redevelopment efforts. Buyers may qualify for various local, state, and federal redevelopment prog

Listing Status:
Active
Data Last Updated:
September 24, 2026 at 2:43AM
Listing Office:
Realty Executives Home Towne : 8109821400
Listing Agent:
Frank Locricchio : 8109821400
MLS ID:
20240077939
  • Heating: Natural gas
  • General: Vinyl sidingWood sidingBasementBlock
  • Road/Access: Class a
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: S VERNOR HWAY 4 M W FIELDS SUB L4 P8 PLATSW C R 14/32 42 X 134W14I000343S
  • Current Use: Commercial
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Frank Locricchio , Realty Executives Home Towne

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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