Multi-Family Redevelopment Opportunity

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30183810
Property Subtypes: High-Rise
Status: Pending
Number of Units: See Agent
Building Size (RSF): 234,544 SF
Gross Building Area: See Agent
Gross Land Area: 1.68 Acres
Sale Price: $350,000
Property Use Type: Vacant/Owner-User
Building Name: Former Lee Plaza Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

Please view attached Marketing package for more information.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 10001037., 10001035-6, 10000966-9
Zoning: R-6
Property Located Between: Linwood and Lawton
Highway Access: Centrally located between I-96 and M-10, Close to I-94
Site Description: 2250 West Grand River and 2700 Ferry Park are also included in sale.
Area Description: Close proximity to Detroit’s LaSalle Gardens neighborhood.
Total Number of Buildings: 1
Number of Stories: 15
Year Built: 1928
Parking Description: Please view the "Potential Parking Diagram" in the attached Marketing Package.
Zoning Description: High Density Residential District

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,029 185,048 443,078
Median Age: 37.94 34.12 34.47
Households: 8,000 71,562 163,979
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.