Midtown Redevelopment Opportunity

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30101023
Status: Pending
Building Size (RSF): 8,190 SF
Gross Building Area: See Agent
Gross Land Area: 24,394 SF
Sale Price: $189,576
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/15/2018

Overview / Comments

- Unique Redevelopment Opportunity in the Midtown Area
- Former Horse Stables and Precinct Office for Detroit Mounted Police
- Built in the 1920's
- B4 (General Business District) Zoning
- Central Location with Access to Most Freeways
- Immediate Access to Woodward and the M-1 Rail
- Detroit Future City Growth Area
- Land Area of Approximately .55 Acre

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit - New Center
Taxing Authority: City of Detroit
Tax ID/APN: 01002114-5
Property Located Between: John R. and Woodward Ave
Feet of Frontage: 185
Total Number of Buildings: 2
Year Built: 1920
Zoning Description: General Business District
Lot Frontage: 184.75
Lot Depth: 128.320007
Legal Description: S BETHUNE 289 THRU 294 AND VAC CUSTER AVE ADJ WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 1/103 184.75 X 128.32A

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,777 171,142 445,464
Median Age: 37.33 36.27 35.09
Households: 7,366 70,794 168,751
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