$ 2,500,000
453 MARTIN LUTHER KING JR Boulevard Detroit, MI 48201
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$ 2,500,000
Est. payment | /mo
12,628 SqFt
$ 2,500,000
Est. payment | /mo
12,628 SqFt
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
Originating Board Realcomp
Year Built 1888
Annual Tax Amount $41,049
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 100.00 x 190.00
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
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick,Stone
Others
Tax ID W02I000726S
Listed by Signature Sotheby's International Realty Bham