Detroit, MI 48201,4240 Cass Avenue
Detroit, MI 48201,4240 Cass Avenue
Detroit, MI 48201,4240 Cass Avenue
47
$11,000,000
$11,000,000
Est.Price: ?

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56,000 SqFt

4240 Cass Avenue Detroit, MI 48201

Est. payment /mo
SOLD DATE : 12/07/2021

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Key Details

Sold Price $11,000,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 56,000 sqft

Price per Sqft $196

Subdivision Mi

MLS Listing ID 40192478

Sold Date 12/07/21

Annual Tax Amount $13,231

Lot Dimensions 30x291

Property Description

This package includes three buildings The Auburn, The Edman and Milton totaling 72 units. It also includes 9,000 SF of prime retail space on the ground level of  The Auburn & 97 parking spaces behind it.  Located at the corner of Cass and Canfield in Midtown, there couldn't be a better location for prime commercial and housing options in Detroit. The Milton consists of 6 one-bed, one bath units and The Edman consists of 8 two-bed, one bath units. The Auburn is a class A apartment building with over 2,000 square feet of amenity space for residents, dry-cleaning designated area, and secure Amazon box delivery. There are 54 one- bed and 4 studio units with outdoor common space for residents. The commercial space is individually metered from the residential space. The buildings tax abatement is in place through the end of 2022. This corner is in the center of one of the most desirable neighborhoods in Detroit, Midtown! Near colleges, hospitals, museums, dining and nightlife!

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Asphalt

Building

Foundation Slab

Water Public Water

Structure Type Brick

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by @properties Christie's Int'l R.E. Detroit
Bought with @properties Christie's Int'l R.E. Detroit

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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