Corktown Mixed-Use Development (Ground Lease)

2348 Michigan Ave, Detroit, MI 48216

Property Information

  • For Sale $5,300,000
  • Property Type VacantLand
  • Property Size 500,000 SF
  • Lot Size 0.12 Acre
  • Year Built 2025
  • Date Updated Mar 18, 2026

Description

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.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

Contacts

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Location

Located at 2348 Michigan Ave, Detroit, MI 48216, this property is part of the Downtown Detroit neighborhood and Detroit market.

  • 69/100 Somewhat Walkable
  • 52/100 Good Transit
  • 91/100 Biker's Paradise
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Contact Listing Broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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