3401 & 3415 Michigan Avenue Detroit MI 48216 MLS #20261018515

3401 & 3415 Michigan Avenue
Detroit, MI, 48216
$1,100,000
Beds
0 Baths
5,000 SqFt
0.1 Acres
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MLS #20261018515 image #0
The Bank House is a once-in-a lifetime, one-of-a-kind loft-like mansion on Michigan Avenue in Corktown. A former bank built in 1925, this gorgeous limestone building has been completely and creatively renovated as one of Detroit’s most stunning unconventional single-family residences. Extraordinary original details include terrazzo floors, grand copper vestibule, oversized arched windows, intricate trim, and the original bank vault. With approximately 2,500 square feet and 18-plus-foot ceilings, the sprawling main living space includes an open state-of-the-art kitchen—a dream for a chef or entertainer—and the equally impressive outdoor courtyard is the perfect urban oasis for entertaining, private dinners, and outdoor living. An expansive basement offers even more additional space for a home office, gym, studio, or family room.

Also included in the sale, the adjacent building—formerly a bar—is currently a fully furnished, high-performing three-bedroom income property/Airbnb, grossing more than $40,000 per year. The lot between the two buildings (included in the sale) functions as a second stylish courtyard, plus additional parking.

Walkable to the newly restored Michigan Central Station and all the amenities of bustling Corktown, this up-and-coming stretch of Michigan Avenue is developing quickly— including the Detroit City Football Club stadium, AlumniFi Field, currently under construction right down the street. Beloved neighboring businesses include 27th Letter Books, Detroit Kung Fu Academy, and local favorites Ro Cham Beau, Mike’s Famous Ham Place and Ladder #4 Wine Bar.

Property Details

Price:
$1,100,000
MLS #:
20261018515
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
FISHERS SUB OF EASTERN PT OF LTS 62 & 63
Neighborhood:
05101detsouthofgrandriver
Listed Date:
Mar 24, 2026
Finished Sq Ft:
5,000
Year Built:
1925
Short Sale05101 – Det South Of Grand River05101detsouthofgrandriverFishers Sub Of Eastern Pt Of Lts 62 & 63Detroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
5000

Exterior

Construction Materials
Brick, Stone

Financial

Net Operating Income
$40,000
Taxes
$2,847

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Commercial in Detroit as of Apr 22, 2026
526
Commercial Listed
265
Avg DOM
141
Avg $ / SqFt
$577,630
Avg List Price

Property Summary

    Located in the FISHERS SUB OF EASTERN PT OF LTS 62 & 63 subdivision, 3401 & 3415 Michigan Avenue Detroit MI is a Commercial for sale in Detroit, MI, 48216. It is listed for $1,100,000 To schedule a showing of MLS#20261018515 at 3401 & 3415 Michigan Avenue in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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Detroit, MI