For Sale
1360 W Fort Street, Detroit, MI 48226
$520,000
MLS # 20251047340 (Realcomp)
Built 19600.07 acres
1 / 37
Listing Description
MOTIVATED SELLER! Incredible opportunity to own an already established restaurant business and real estate located at 1360 W Fort Street in the heart of Detroit’s vibrant Corktown district! This well-known location has been home to a thriving restaurant for over 35 years, drawing steady traffic from locals, professionals, and visitors. Ideally situated near major roads and expressways with easy access to the Detroit Riverfront, downtown, and the new Gordie Howe International Bridge development, this area continues to grow with new restaurants, retail, and residential projects. Property includes a retail store located inside the restaurant which can be leased immediately for additional revenue. The property features a spacious dine-in seating area, self-serve station, and fully equipped commercial kitchen—all appliances and mechanicals in excellent, well-maintained condition. Whether you’re looking to continue the existing business or launch a new concept, this site offers a turnkey opportunity with established customer flow. Developers will also appreciate the potential for building upward or expanding on this highly visible corner location. Don’t miss the chance to invest in one of Detroit’s most dynamic and developing areas—business and real estate sold together!
Source: SparkMLS
About this home
Currently offered at $520,000.
Annual property taxes run approximately $11,177 ($931/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.07 acres
Year Built1960
Location
CityDetroit
Zip Code48226
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed10/20/2025
Original Price$690,000
Source: SparkMLS
Tax Information
Annual Tax$4,334
Tax Year2025
State Equalized Value$136,000
Assessed Value$136,000
Parcel #06000017.002L
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jamel Dorsett
Dorsett Brokerage Development & Mgmt Group LLC
Frequently Asked Questions about 1360 W Fort Street, Detroit, MI 48226
What school district is 1360 W Fort Street, Detroit, MI 48226 in?
Per MLS# 20251047340, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20251047340, the most recent reported annual property tax for 1360 W Fort Street, Detroit, MI 48226 is $3,762. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1360 W Fort Street, Detroit, MI 48226 eligible for USDA financing?
Per USDA Rural Development boundary data, 1360 W Fort Street, Detroit, MI 48226 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1360 W Fort Street, Detroit, MI 48226 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 1360 W Fort Street, Detroit, MI 48226?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 1360 W Fort Street, Detroit, MI 48226. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$11,177
Monthly$931
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$4,304
Principal & interest$3,373
Property taxes$931
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
75 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1360 W Fort Street, Detroit, MI 48226
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Neighborhood
Central Business District
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Community
Detroit
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County
Wayne County
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