$2,600,000
$1M PRICE DROP

Estimated payment $16,684/month

Total Views 197
-- Bed
-- Bath
32,552 Sq Ft
$80 Price per Sq Ft

About This Home

This mixed-use building offers a highly adaptable layout suited for retail, office, restaurant, or redevelopment potential. The first floor formerly housed the renowned Opus One Restaurant, adding a layer of legacy and recognition to the property. A private on- site parking lot enhances accessibility with additional nearby parking supporting future users or tenants. Sale includes 0.276 acre (12,027 SF) parking lot located at 550 E Larned.

Listing Agent

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 03/04/2026

Co-Listing Agent

Sloane Walsh

O'Connor Realty Detroit, LLC License #6501404147

Property Details

Property Type

  • Other

Year Built

  • Built in 1916

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 126x83
  • Zoning described as Commercial, MultiFamily, Office

Home Design

  • 32,552 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Basement

Community Details

  • Plat Of Antoine Beaubien Farm Also P198 9 Deeds Subdivision

Listing and Financial Details

  • Assessor Parcel Number W03I000063S

Property Details

Property Type

Other

Year Built

Built in 1916

Lot Details

0.27 Acres

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1916
  • Current Use: Vacant
  • State Equalized Value: 1343800.00
  • Property Sub Type: RealEstateOnly
  • Co List Office Mls Id: 432270
  • Co List Office Phone: 3139639891
  • Co List Office Mls Id: 432270
  • Above Grade Finished Sq Ft: 32552.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Block, Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 126x83
  • Parcel Number: W03I000063S
  • Land Lease Expiration Date: 2028-02-03
  • Zoning Description: Commercial, MultiFamily, Office

Tax Info

  • Tax Amount Summer: 84889.00
  • Tax Annual Amount: 84889.00

Multi Family

  • Above Grade Finished Area Units: SquareFeet

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $84,889 $1,343,800 $0 $0
2024 $84,073 $1,358,600 $0 $0
2023 $81,799 $1,370,700 $0 $0
2022 $87,850 $1,271,000 $0 $0
2021 $84,958 $1,128,700 $0 $0
2020 $87,023 $1,155,100 $0 $0
2019 $83,232 $1,125,800 $0 $0
2018 $71,423 $865,000 $0 $0
2017 $16,412 $865,000 $0 $0
2016 $88,429 $936,900 $0 $0
2015 $93,690 $936,900 $0 $0
2013 -- $851,695 $0 $0
2010 -- $851,695 $313,200 $538,495
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Price Changed $2,600,000 -34.2% $80 / Sq Ft
03/04/2026 03/04/26 For Sale $3,950,000 -- $121 / Sq Ft
Source: Realcomp

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Available
Quit Claim Deed -- None Available
Deed $2,100,000 First American Title Ins Co
Quit Claim Deed -- 1St Am Title
Sheriffs Deed $1,550,000 None Available
Quit Claim Deed -- Greco Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,500,000 Commercial
Source: Public Records

Source: Realcomp

MLS Number: 20261013986

Realcomp

APN: 03-000063

Your Personal Tour Guide

Ask me questions while you tour the home.