453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$2,500,000
Est. payment /mo
12,628 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,628 sqft

Price per Sqft $197

MLS Listing ID 20230098765

Year Built 1888

Annual Tax Amount $41,049

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 100.00 x 190.00

Source Realcomp

Property Description

Rare opportunity for Redevelopment in The Midtown Neighborhood. This property is on national historic registry, but does NOT have any use restrictions. Building could be leveled if desired. Variety of possibilities including new construction on vacant portion with rehab of existing structure; uses could include subsidized housing with servicing center, co-working space, medical offices, condo conversion, or family office center. Plenty of space for parking and expansion.In the center of LCA and Olympia Entertainment, DMC Hospital, Motor City Casino, Downtown District and Midtown. In Community Benefits Impact Area for $1.5B District Detroit Development that includes a series of hotels, entertainment venues, residences, retail, and business incubators.Tax Credits Available for Historic Site - call for more information. Bring your vision and be a part of THE NEW DETROIT.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial,Multi-Family

Direction Between Cass and Second

Exterior

View Y/N No

Building

Water Public

Structure Type Brick,Stone

Schools

School District Detroit

Others

Tax ID W02I000726S

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Listed by Signature Sotheby's International Realty Bham

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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