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$ 1,450,000
Est. payment | /mo
4 Baths
0.42 Acres Lot
$ 1,450,000
Est. payment | /mo
4 Baths
0.42 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261011814
HOA Y/N true
Year Built 1906
Annual Tax Amount $177
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions irregular
Source Realcomp
Property Description
A developer's opportunity for immediate cashflow + vacant land for redevelopment - in the heart of Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: 1) Triangle-shaped vacant land to the north (1500 6th); 2) a brick 5-unit, occupied, newer roof and boiler, includes vacated Labrosse St (1450 6th) and 3) vacant land to the south of the structure (1440 6th). This location is in close proximity to the restaurants lining Michigan Avenue and one mile to Ford's Michigan Central Innovation District. Half a block south on 6th street, two vacant office towers and multiple lots are being redeveloped into hotel, residential and retail. The offering is a half acre and combined under tax ID 06004564-743. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request. Located in an NEZ-New/Rehab district (property tax abatement), and an Opportunity Zone.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multi-Family,R
Direction Michigan Ave to 6th St, head south, property is on the left
Interior
Heating Hot Water
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 06004564743
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Berkshire Hathaway HomeServices The Loft Warehouse
Nearby Locations
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Tricia Carlson
REALTOR® | Lic# 6506048426