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2566 Michigan Ave, Detroit, MI, 48216

3beds
3baths
4,966sqft
$1,799,900
$362price/sqft
$13,918/moest. monthly cost
$556,720/yrincome needed

About This Home

A rare opportunity to own one of Detroit's most distinctive offerings—a curated 2,000 sq ft penthouse residence atop the iconic Blanco Building in the heart of Corktown, complete with 3,200 sq ft of premier ground-floor commercial space, a private courtyard, and an attached four-car garage. The exceptional 3 bedroom penthouse that feels more like a private Soho-inspired residence. Encompassing over 3,000 sqft of indoor-outdoor living (1,000 sqft terrace), the home was thoughtfully designed for those who appreciate architecture, design, wellness, and effortless entertaining. 10FT ceilings, abundant natural light, original skylights, early-1900s ceiling medallions, pocket doors, chair rail detailing, and tongue-and-groove longleaf heart pine flooring create a rich dialogue between historic character and contemporary luxury. Every room has been intentionally curated with Soho Home furnishings & designer fixtures. The chef's kitchen is equally refined and functional, featuring quartzite countertops, a dramatic island with integrated sink, Wolf double ovens, a built-in Bosch refrigerator, and an Elkay reverse-osmosis water station—perfectly suited for intimate dinners or large-scale entertaining. The primary suite is a private retreat with an adjoining sitting room with original pocket doors, a dedicated workspace, and a custom walk-in wardrobe complete with in-suite laundry. The spa-inspired bath features marble countertops, handcrafted zellige tile, a generous walk-in shower beneath a skylight, and full-length mirrors that enhance the serene atmosphere. A beautifully appointed secondary bedroom is complemented by an oversized powder room with a double vanity and dedicated makeup area, while the home's Four Seasons sunroom and dedicated wellness room is equipped with an infrared sauna, Peloton, and treadmill. The commercial space can remain income-producing or be transformed into retail space, gallery/studio, hospitality venue. Possibilities are endless.

Getting Around

69
WalkingSomewhat Walkable
51
TransitGood Transit
87
BikeVery Bikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1905

Materials

  • Foundation: Basement,Brick Mortar
  • Roof: Rubber
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: Condo
  • Architectural style: Historic
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built In Refrigerator,Dishwasher,Disposal,Double Oven,Induction Cooktop,Microwave,Range Hood,Washer Dryer Stacked
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 156
  • Dimensions: 13 X 12

Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Bonus Room

  • Level: Second
  • Area: 90
  • Dimensions: 9 X 10

Bonus Room

  • Level: Entry
  • Area: 580
  • Dimensions: 58 X 10

Bonus Room

  • Level: Basement
  • Area: 1566
  • Dimensions: 58 X 27

Bonus Room

  • Level: Basement
  • Area: 580
  • Dimensions: 58 X 10

Features

  • High Speed Internet,Programmable Thermostat,Sound System
  • Finished area above ground: 4,966

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,966 sqft

Kitchen

  • Level: Second
  • Area: 210
  • Dimensions: 15 X 14

Laundry

  • Level: Second
  • Area: 20
  • Dimensions: 5 X 4

Living Room

  • Level: Second
  • Area: 195
  • Dimensions: 15 X 13

Other

  • Level: Second
  • Area: 60
  • Dimensions: 12 X 5

Other

  • Level: Entry
  • Area: 30
  • Dimensions: 6 X 5

Other

  • Level: Second
  • Area: 117
  • Dimensions: 13 X 9

Other

  • Level: Entry
  • Area: 1624
  • Dimensions: 58 X 28

Primary Bathroom

  • Level: Second
  • Area: 128
  • Dimensions: 16 X 8

Primary Bedroom

  • Level: Second
  • Area: 216
  • Dimensions: 18 X 12

Sitting Room

  • Level: Second
  • Area: 208
  • Dimensions: 16 X 13

Property

Details

  • Parcel number: W10I000264S
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: One Story Up
  • Stories: 1
  • Entry location: UpperLevelwSteps
  • Pool features: None
  • Patio & porch: Patio,Terrace
  • Fencing: Back Yard,Fenced

Parking

  • Total spaces: 4
  • Parking features: Four Car Garage,Alley Access,Attached,Direct Access,Driveway,Electricityin Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance *$2,072$24,864
Property Taxes $2,204$26,448
Electricity $541$6,499
Total$13,918$167,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$477,188/yr
40% on housing$417,540/yr
45% on housing$371,146/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$362This listing

vs Other Active Listings

Avg $/sqft

ZIP 48216$164
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48216$104
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-10Listed for sale$1,799,900

For Sale by Agent

AgentVadim Oss
BrokerageNika & Co

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