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: 6/12/2017

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
Zoning: B4 - GENERAL BUSINESS DISTRICT
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

Source

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.