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$10,995,000
Est. payment /mo
81,451 SqFt
UPDATED:
11/22/2024 04:32 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 81,451 sqft
Price per Sqft $134
MLS Listing ID 2210056729
Originating Board Realcomp
Year Built 1929
Annual Tax Amount $59,328
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 80.00X200.00
Property Description
An exciting opportunity to redevelop a historic office building in the Central Business District! This 5 story building could be an adaptive office conversion or converted to for-sale condominiums. The existing structure (floors 2 - 5) could house up to 48 units, each 1,000 sq ft, although these can be reconfigured into smaller or larger units depending on final architectural plans. The creation of a brand new rooftop level would add additional usable sq ft. It would allow room for 4 new condos, each around 2,000 sq ft with large windows and terraces, this level will have commanding river and downtown views. The inclusion of high end amenities, gym, and lobby will create a welcoming space for residents. The addition of rentable meeting rooms and a coffee shop will round out the first floor of the building. This 5-story office building is located directly on the newly-named Dennis Archer Greenway.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction Located right on Jefferson, North of I-375
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Foundation Block, Slab
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W11I000105S
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Listed by @properties Christie's Int'l R.E. Detroit
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Joey Atkins
Owner / Managing Broker | License ID: RB17000834
Owner / Managing Broker License ID: RB17000834