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Corktown Mixed-Use Development (Ground Lease)

Market Price

2348 Michigan Ave, Detroit, MI 48216

Active
Last Updated: 08/01/2025

500,000 sqft

Building Size

0.1158 acres

Lot Area

Details:
Building Size:    500,000 sqft
Lot Area:    0.1158 acres
Class:    A
Year Built:    2025
Description:

This proposed development of +/- 500,000 SF is comprised of approximately +/- 115,000 SF of Residential Space, +/- 70,000 SF of Office/Co-Working Space, +/- 100,000 SF of Retail/Restaurant Space, and +/- 150,000 SF of Hospitality.

Proposed Parking structure containing 400 Spaces

A new proposed developed situated on approximately 1.44 acres spanning 2 city blocks. This property is directly across Michigan Avenue from Michigan Central Station located in the heart of Corktown. Numerous new developments surround this site making it a great opportunity for investment.

Map:
Documents:
Title
Corktown_Ground_Lease_2348-2411_Michigan_Ave__Detroit__MI.pdf
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Location
Gallery