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4435 W Vernor, Detroit city, Michigan

$550,000

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5,246

Square feet

0.26

Acres

About 4435 W Vernor

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

Features of 4435 W Vernor

MLS® # 20240077939
Price $550,000
Bathrooms 0.00
Square Footage 5,246
Acres 0.26
Year Built 1915
Type Commercial
Status Active

Community Information

Address 4435 W Vernor
Area 05101 - Det South Of Grand River
Subdivision M W FIELDS SUB OF LOTS 25 THRU 33 (PLATS)
City Detroit city
County Wayne
State Michigan
Zip Code 48209

Amenities

# of Garages 6
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No

Exterior

Construction Vinyl Siding, Wood Siding
Foundation Basement, Block

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Executives Home Towne
Contact Infolocricchioteam@gmail.com

Listing Map

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