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$3,059,094
Est. payment /mo
12,412 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,412 sqft
Price per Sqft $246
MLS Listing ID 20251009947
Year Built 1895
Annual Tax Amount $54,498
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 99x64
Source Realcomp
Property Description
This remarkable opportunity includes not just one, but a total of eight parcels—featuring another building—all offered together for $8.9 million. Directly across from the University of Michigan's Innovation Center Detroit campus, currently under development, this property sits at the heart of a dynamic and rapidly evolving district.The vibrant downtown location places you within immediate reach of Detroit's expanding business core and renowned cultural attractions. Convenient access to main transit routes connects you to every corner of the city, making this property ideal for a variety of uses. Generous, naturally lit interiors with large windows present a versatile space suitable for residential, commercial, or mixed-use purposes, subject to local zoning regulations.The building offers a modern exterior and a flexible layout, ready for you to customize to fit your vision. With its strong foundation and current architectural style, it is well suited for maximizing both rental revenue and long-term property value. Dedicated parking and outstanding accessibility by car and on foot further elevate the convenience of this outstanding downtown asset.Major city landmarks—including Fox Theatre and Comerica Park—are just minutes away, providing outstanding entertainment options. Enjoy top dining at places like Selden Standard and Grey Ghost Detroit, along with everyday essentials from Whole Foods Market and nearby parks, all located for your convenience and lifestyle needs.Superior walkability and easy access to public transit, such as the QLine and Detroit People Mover, add to the property's appeal and practicality.With eight parcels and exceptional positioning across from the new University of Michigan Detroit campus, this sale represents a rare and strategic investment opportunity in one of the city's most promising neighborhoods. Don't miss your chance to secure a foothold in Detroit's exciting future.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Heavy Industri
Direction i75 Grand River Avenue Downtown Detroit Exit on the Northwest side
Exterior
View Y/N No
Building
Foundation Block, Slab
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 04000455
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Listed by JNA Real Estate
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- 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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