Detroit, MI 48216 1559,2048 14th Street
Detroit, MI 48216 1559,2048 14th Street
Detroit, MI 48216 1559,2048 14th Street
15
$2,550,000
$2,600,000
1.9%
Est.Price: ?

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37,670 SqFt

2048 14th Street Detroit, MI 48216 1559

Est. payment /mo
SOLD DATE : 08/09/2024

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Key Details

Sold Price $2,550,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 37,670 sqft

Price per Sqft $67

Subdivision Mi

MLS Listing ID 60309914

Sold Date 08/09/24

Annual Tax Amount $3,699

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 24.00 x 145.00

Property Description

Filled with tons of character and architectural beauty, the subject property is an approximately 37,670-square-foot former school building adjacent to Ford Motor Company's mobility campus in the Corktown neighborhood of Detroit, which boasts some of the strongest real estate rental and sales rates in the city. The site is positioned just one block from the new Southwest Greenway, which offers protected pedestrian and bike pathways, connecting to the future Ralph C. Wilson Centennial Park. The property will be attractive to a number of potential users and developers who want to put down roots in Detroit's most exciting neighborhood. Appealing qualities include the substantial parking capacity and flexible floor plan of the building, which allows for several demisable options and uses. It’s a perfect adaptive reuse project with solid bones, the potential for an open floor plan, and additional land zoned B4. Property tours will be on Wednesday, June 5th from Noon - to 2:00 PM

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial,Multi-Family,Professional Office,Residential

Building

Water Public Water

Structure Type Block,Brick

Others

Ownership Private

Assessment Amount $100

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 O'Connor Realty Detroit, LLC
Bought with Jim Saros Real Estate Services

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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