
JNA Real Estate
Listed by JNA Real Estate
$3,059,094
828 W Fisher Freeway
Details
APN 04000455
Property Type Land, Multifamily
Sub Type Agricultural, Apartment Building
Square Footage 12,412
Units 12
NOI $1,000,000
Year Built 1895
Acreage 0.140
Land | 0.14 acres
Marketing description
This remarkable opportunity includes not just one, but a total of eight parcels—featuring another building—all offered together for $8.9 million. Directly across from the University of Michigan’s Innovation Center Detroit campus, currently under development, this property sits at the heart of a dynamic and rapidly evolving district.
The vibrant downtown location places you within immediate reach of Detroit’s expanding business core and renowned cultural attractions. Convenient access to main transit routes connects you to every corner of the city, making this property ideal for a variety of uses. Generous, naturally lit interiors with large windows present a versatile space suitable for residential, commercial, or mixed-use purposes, subject to local zoning regulations.
The building offers a modern exterior and a flexible layout, ready for you to customize to fit your vision. With its strong foundation and current architectural style, it is well suited for maximizing both rental revenue and long-term property value. Dedicated parking and outstanding accessibility by car and on foot further elevate the convenience of this outstanding downtown asset.
Major city landmarks—including Fox Theatre and Comerica Park—are just minutes away, providing outstanding entertainment options. Enjoy top dining at places like Selden Standard and Grey Ghost Detroit, along with everyday essentials from Whole Foods Market and nearby parks, all located for your convenience and lifestyle needs.
Superior walkability and easy access to public transit, such as the QLine and Detroit People Mover, add to the property's appeal and practicality.
With eight parcels and exceptional positioning across from the new University of Michigan Detroit campus, this sale represents a rare and strategic investment opportunity in one of the city’s most promising neighborhoods. Don’t miss your chance to secure a foothold in Detroit’s exciting future.
Listing Contacts

JNA Real Estate
Listed by JNA Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,000,000.00
$83,333.33/mo
Valuation Metrics
0
DSCR
32.69%
Cap Rate
32.69%
ROI
Map
Zoning
B4 CommercialGeneral CommercialGeneral Business District
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View all 267 uses
View all 267 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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