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4240 Cass Avenue Detroit, MI 48201
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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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with @properties Christie's Int'l R.E. Detroit