Midtown Detroit (Cass Ave) Development Opportunity

3745 Cass Avenue Detroit, MI 48201

3745 Cass Avenue, Detroit, MI, 48201
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FOR SALE
Property Type:
MultiFamily Apartments
Last Verified:
Mar 10, 2026

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Highlights

  • • Limited remaining development opportunities along the Cass Avenue corridor
  • • Prime Midtown Detroit redevelopment opportunity located at Cass Avenue & Selden Street
  • • Three contiguous parcels in one of Detroit’s most walkable and high-demand neighborhoods
  • • Conceptual development plans support ±45 residential units with ±2,329 SF of ground-floor retail
  • • Positioned within Detroit’s strongest apartment submarket with proven residential absorption
  • • Surrounded by major anchors including Wayne State University, Detroit Medical Center, and the Detroit Institute of Arts
  • • Walking distance to Midtown’s premier dining, cultural, and entertainment destinations

Description

3745–3759 Cass Avenue offers a rare redevelopment opportunity in the heart of Detroit’s Midtown district, one of the city’s most dynamic and supply-constrained residential neighborhoods. Conceptual development plans illustrate the potential for a mixed-use project featuring approximately 45 residential units with ±2,329 square feet of ground-floor retail, well aligned with the area’s strong demand for new housing and neighborhood-serving retail.

Midtown continues to experience sustained residential absorption driven by its proximity to Wayne State University, Detroit Medical Center, and many of Detroit’s leading cultural institutions. The surrounding concentration of restaurants, retail, entertainment venues, and cultural destinations has solidified the district as one of Detroit’s premier live-work-play environments.

With limited new development sites remaining in the immediate area and continued demand for apartment living, this offering represents a compelling opportunity for developers to deliver well-positioned residential product in a proven, high-demand Midtown market where lease-up velocity and long-term fundamentals remain exceptionally strong.

Located at the corner of Cass Avenue and Selden Street in Detroit’s vibrant Midtown district, the property sits within one of the city’s most active and walkable corridors. The area features a dense mix of restaurants, cafes, galleries, and neighborhood retail alongside ongoing residential and mixed-use development.

Surrounded by major anchors including Wayne State University, the Detroit Medical Center, the Detroit Institute of Arts, and the Detroit Symphony Orchestra, the site also benefits from proximity to popular destinations such as Selden Standard, SheWolf, Mad Nice, Whole Foods Market, the Majestic Theatre, and Little Caesars Arena—making this a premier location within one of Detroit’s most dynamic neighborhoods.

Building Size: 11000sq ft
Lot Size: 0.35 acres

Map of 3745 Cass Avenue, Detroit, MI, 48201

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.