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2228 MEDBURY Detroit, MI 48211
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Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 113,000 sqft
Price per Sqft $18
Subdivision Mi
MLS Listing ID 40125968
Sold Date 08/01/21
Annual Tax Amount $4,277
Lot Size 1.270 Acres
Acres 1.27
Lot Dimensions 300x360x300x360
Property Description
Built as the St. Stanislaus Parish School and later used as the Detroit Academy of Arts and Science, these Renaissance Revival buildings are in excellent condition and come with substantial historic architectural details intact. Completely renovated in 2001 this is a rare offering that incorporates beautiful architecture, historic preservation and restoration, new mechanicals and incredible potential. This exceptional portfolio is made up of four buildings and more than 3.2 +/- acres of land, a rare asset for this type of multi-building property. In addition, there are new roofs, new HVAC, electrical, plumbing, elevators, and a sprinkler system. Perfect for spacious lofty apartments or 1-bedroom units, old classrooms have new windows (flooding the space with natural light), high ceilings, and terrazzo borders on the floor; the interior offers wide hallways, exposed brick walls & brick fireplaces. Call for offers Dec 29th at 5:00 PM.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family,Professional Office,Commercial,Residential
Interior
Heating Forced Air
Exterior
Waterfront No
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $100
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with O'Connor Realty