$2,500,000

453 Martin Luther King Jr Boulevard, Detroit, MI 48201

  • 12,628 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $198/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
November 20, 2023 at 06:00AM
Listing Office:
Signature Sotheby's International Realty Bham : 248-644-7000
Listing Agent:
Jerome Dixon : 248-804-3381
MLS ID:
60273146
  • General: BrickStone
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • County: Wayne
  • Zoning: S MYRTLE 10-11 BLK 87--PLAT PT CASS FARM L1 P172 PLATSW C R 2/72 100 X 190
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Jerome Dixon, Signature Sotheby's International Realty Bham

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Spain Elementary-Middle School

3700 Beaubien St, Detroit, MI, 48201

Grades PK-8

0.64 miles away

S

Spain Elementary-Middle School

3700 Beaubien St, Detroit, MI, 48201

Grades PK-8

0.64 miles away

D

Detroit School of Arts

123 Selden St, Detroit, MI, 48201

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby