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2048 14th Street Detroit, MI 48216 1559
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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
Exterior
Waterfront No
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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Jim Saros Real Estate Services