4435 W VERNOR Detroit MI 48209 | MLS #20240077939

4435 W VERNOR
Detroit, MI, 48209
$499,900
Beds
0 Baths
5,246 SqFt
0.26 Acres
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MLS #20240077939 image #0
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

Property Details

Price:
$499,900
MLS #:
20240077939
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
RealEstateOnly
Subdivision:
M W FIELDS SUB OF LOTS 25 THRU 33 PLATS
Neighborhood:
area05101detsouthofgrandriver
Listed Date:
Oct 15, 2024
Finished Sq Ft:
5,246
Total Sq Ft:
5,246
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1915
Short SaleArea05101detsouthofgrandriverArea05101detsouthofgrandriverM W Fields Sub Of Lots 25 Thru 33 PlatsDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
5246
Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding, Wood Siding
Garage Spaces
6

Financial

Taxes
$1,688

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Commercial in Detroit as of Oct 15, 2026
532
Commercial Listed
288
Avg DOM
148
Avg $ / SqFt
$580,632
Avg List Price

Property Summary

    Located in the M W FIELDS SUB OF LOTS 25 THRU 33 (PLATS) subdivision, 4435 W VERNOR Detroit MI is a Commercial for sale in Detroit, MI, 48209. It is listed for $499,900 To schedule a showing of MLS#20240077939 at 4435 W VERNOR in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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4435 W VERNOR
Detroit, MI