453 MARTIN LUTHER KING JR Boulevard, Detroit City, MI 48201
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Listing Type
Commercial/Industrial
Listing Status
Active
30
$2,500,000
Home Details for 453 MARTIN LUTHER KING JR Boulevard
Price
$2,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
12628
Year built
1888
Lot size acres
0.7
County
Wayne
Garage
Days on site
147
MLS Listing#
20230098765
Property Description
Rare opportunity for Redevelopment in The Midtown Neighborhood. This property is on national historic registry, but does NOT have any use restrictions. Building could be leveled if desired.
Variety of possibilities including new construction on vacant portion with rehab of existing structure; uses could include subsidized housing with servicing center, co-working space, medical offices, condo conversion, or family office center. Plenty of space for parking and expansion.
In the center of LCA and Olympia Entertainment, DMC Hospital, Motor City Casino, Downtown District and Midtown. In Community Benefits Impact Area for $1.5B District Detroit Development that includes a series of hotels, entertainment venues, residences, retail, and business incubators.
Tax Credits Available for Historic Site - call for more information. Bring your vision and be a part of THE NEW DETROIT.
Property Features
Cooling Information
None
Heating Information
None
Water Features
Public
Listing Courtesy: Signature Sotheby's International Realty Bham - 248-644-7000