MLS Public Remarks  Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life! Needs new electrical and plumbing.

http://www.maxbroock.com.com/20240001555

AGENT/COMPANY DETAILS  

LOCATION  

Township  Detroit

Directions  Off of Woodward onto Second ave.

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  21,718

Price/SqFt  $184

Unfinished SqFt  0

Above Grade Finished SqFt  21,718

CDOM  119

Sub Property Type  Multifamily

Year Built  1924

Days on Market  119

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $5299999

Net Taxes  $570

Acreage  0.15

Taxes  -

Tax Year  -

Summer Taxes  $511

School District  Detroit

Winter Taxes  $59

LOT DESCRIPTION  

Subdivision  Pt Of Cass Farm Sub By J F Munro Sur

Lower Level Square Footage  0

Waterview  N

Number of Units  52

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.15

Lot Dimensions  65.00 x 100.00

WaterFrontage   0

INTERIOR FEATURES  

Heating  Other

Water  None

Basement  Y

Heating  Other

EXTERIOR FEATURES  

Garage  0.0

Architecture  4-10 Story

Basement details  Unfinished, Walkout Access

Sewer  3rd Party Unknown

Home Style  Historic

Possession  At Close

Exterior Materials  Brick

DETAILS  

Status Change Date  01/09/2024

Listing Date  01/09/2024

Internet/IDX  Y

Named Exceptions  Y

LISTING OFFICE DETAILS  

Listing Office   Arterra Luxe Collection Llc

Office Address   213 Hamilton Row

Listing Number   20240001555

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