$2,550,000
$2,600,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
37,670 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $2,550,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 37,670 sqft
Price per Sqft $67
Subdivision Godfroy Farm Sub
MLS Listing ID 20240035157
Sold Date 08/09/24
Originating Board Realcomp II Ltd
Year Built 1960
Annual Tax Amount $3,699
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 24.00 x 145.00
Property Sub-Type Real Estate Only
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 Det South Of Grand River
Zoning Commercial,Multi-Family,Office,Residential
Direction Adjacent to Ford's Michigan Central Station in Corktown
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Detroit
Others
Tax ID W23I031500S01N
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with Jim Saros Real Estate Services
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