Contacts

Kishon Harbert

Encore Real Estate Investment Services

Property Details

Property Type Multi-Family
Property Size 26,000 SF
Units 1
Lot Size 1.58 Acre
Additional Rent Contact for pricing
Year Built 1971
Date Updated Dec 11, 2024

Nestled in the heart of Detroit, the area surrounding the property at 8330 Mack Avenue offers a vibrant and dynamic environment for prospective office building, multifamily developers and investors. Known for its rich cultural heritage and entrepreneurial spirit, Detroit boasts a diverse range of amenities and attractions. Within close proximity, investors will find popular landmarks such as Belle Isle Park, the Detroit RiverWalk, and the historic Eastern Market. The area is also home to a thriving dining scene, eclectic art galleries, and a burgeoning tech and innovation community, making it an appealing location for businesses looking to thrive in an urban setting. With its strategic location and exciting nearby points of interest, this property represents an exceptional investment opportunity in the heart of Detroit.Introducing the prime investment opportunity at 8330 Mack Avenue, Detroit, MI. This impressive property features a substantial 26,000 SF building, ideal for multifamily or mid-rise development. With its significant size and versatile zoning designations of B2 and R-1, this property offers a myriad of development possibilities. Built in 1971, it represents a solid foundation for prospective investors seeking a property with potential for value creation. Situated in the thriving Detroit area, this property is strategically positioned for maximizing returns in the burgeoning real estate market. Don't miss the chance to capitalize on this exceptional investment in a dynamic and evolving location.

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Highlights

In historical Detroit Indian Village Neighborhood, renowned for its early 20th-century mansions and historic homes, designed by prominent architects like Albert Kahn and Louis Kamper. The area's charm can attract customers and clients who appreciate history and elegance.
Sits on a large parcel allowing developer to maximize opportunity.
Proximity to Downtown Detroit: Just a short drive from downtown, Indian Village offers easy access to the city's core while maintaining a serene residential atmosphere.
Access to Major Roadways: Conveniently located near I-75 and I-94, which are major freeways traversing southeast Michigan.
Centrally located within the metro Detroit market and has positive linkage characteristics.
Residential uses are on neighborhood side streets, while retail and industrial uses are along primary thoroughfares or within industrial
pockets.
High-Income Residents: Indian Village is home to many professionals and families with above-average purchasing power, offering strong support for upscale retail, dining, or professional services.
Lack of Overcrowded Development: While Indian Village is primarily residential, its charm makes it an attractive location for boutique shops, restaurants, or professional offices catering to residents and nearby visitors.
Adaptive Reuse Opportunities: Existing structures can be converted into unique commercial spaces that preserve the neighborhood’s historic feel.
By leveraging Indian Village's unique blend of history, charm, and affluence, a thoughtfully executed commercial development can enrich the community while meeting market demand.

Getting around

46/100
Walk Score ®
49/100
Transit Score ®
54/100
Bike Score ®

Powered by Walk Score ®

City Detroit, MI
Neighborhood Butzel - Indian Village
Zip Code 48214
Market Detroit

Points of Interest

Greektown

3.09 miles
Mack Avenue

3.17 miles
Martin Luther King Junior Boulevard

3.19 miles
Canfield Street

3.19 miles
Adelaide Street

3.21 miles
Sproat Street

3.22 miles
Montcalm Street

3.24 miles
Broadway

3.25 miles
Renaissance Center

3.26 miles
Warren Avenue

3.26 miles

Sunoco

0.23 miles
Citgo

0.72 miles
Marathon

0.95 miles
Mobil

1.03 miles
Bedrock John R 1

3.08 miles
Tesla, Inc.

3.24 miles
ChargePoint

3.24 miles
Beaubien Place Garage

3.25 miles
eVgo

3.27 miles
Wayne State University - Parking Structure #8

3.28 miles

FCA Employee Parking

1.57 miles
WCCC Eastern Campus Lot

1.87 miles
River Place Parking Garage

2.21 miles
Eastern Market parking garage

2.38 miles
Eastern Market Lot #8

2.48 miles
WSU Parking Structure 4

2.83 miles
Ford Field Lot 6

2.83 miles
Ford Field Parking Deck

2.85 miles
Kresge Parking Deck

2.86 miles

Metro Lodge

1.28 miles
Baymont Downtown Detroit

1.97 miles
Roberts Riverwalk Hotel

2.28 miles
Cabana Motel

2.48 miles
Comfort Inn

2.49 miles
Rivertown Inn & Suites

2.90 miles
Hollywood Casino at Greektown

2.96 miles
Veteran's Park Hotel

2.96 miles
The Winder Street Inn

3.04 miles
The Cochrane House

3.06 miles

Janes Market Liquor Store

0.36 miles
Indian Village Market

1.11 miles
Save-A-Lot

1.22 miles
Wonder Foods Supermarket

1.49 miles
Parkway Foods

1.63 miles
Farmer John Food Center

1.76 miles
Harbortown Market

1.83 miles
Forman Mills

1.91 miles
CGX

1.91 miles
Family Fair Marketplace

2.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.