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$1,799,900
Est. payment /mo
4,966 SqFt
New
2564 Michigan Avenue Detroit, MI 48216
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,966 sqft
Price per Sqft $362
MLS Listing ID 20261052408
Year Built 1905
Annual Tax Amount $12,606
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Source Realcomp
Property Description
An extraordinary mixed-use opportunity in the heart of Corktown. The iconic Blanco Building offers 3,230 SF of prime ground-floor commercial space paired with a 2,000+ SF curated penthouse residence above, currently home to The 1 Room Hotel—creating one of Detroit's most distinctive live-work investment opportunities.Thoughtfully restored to honor its historic character while meeting modern standards, the Blanco Building stands as a landmark of Corktown's resurgence. The commercial space provides an exceptional canvas for visionary retail, hospitality, gallery, wellness, office, or experiential concepts that complement the neighborhood's design-forward identity.Above the retail space is a refined 2,000 SQFT penthouse residence featuring three bedrooms, over 3,000 sq ft of indoor-outdoor living with a private rooftop terrace, designer finishes, and amenities including a wellness room, Four Seasons sunroom, private courtyard, and attached four-car garage—offering a rare owner-occupant opportunity or executive residence. The residence is currently home to The 1 Room Hotel, an intimate luxury boutique stay that attracts a built-in audience of discerning travelers. seeking premium, locally rooted experiences. The commercial space is ideally positioned to benefit from concierge partnerships, curated retail, elevated food and beverage concepts, or bespoke guest services. Located steps from Michigan Central, Detroit's acclaimed dining scene, cultural destinations, and the city's rapidly expanding innovation corridor, the property is minutes from downtown Detroit, the Detroit Riverwalk, Ralph C. Wilson Jr. Centennial Park, and the Southwest Greenway. Whether as a flagship business, investment, or live-work destination, the Blanco Building represents a truly rare opportunity in one of Detroit's most sought-after neighborhoods.
Location
State MI
County Wayne
Zoning Commercial
Direction On northern side of Michigan Ave, South of i-75, East of i-96, West of 14th St
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Brick/Mortar
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W10I000264S
Listed by Nika & Co
NEARBY SCHOOL & BUSINESS
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