453 Martin Luther King Jr Boulevard, DetroitCity_Wayne, Michigan

$2,500,000

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12,628

Square feet

About 453 Martin Luther King Jr Boulevard

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.

Features of 453 Martin Luther King Jr Boulevard

MLS® # 20230098765
Price $2,500,000
Square Footage 12,628
Acres 0.00
Year Built 1888
Type CommercialSale
Sub-Type RealEstateOnly
Status Active

Community Information

Address 453 Martin Luther King Jr Boulevard
Area Area05043DetLivernoisI756GdRiver
Subdivision PLAT OF PART CASS FARM (PLATS)
City DetroitCity_Wayne
County Wayne
State Michigan

Amenities

Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Exterior

Construction Brick, Stone

School Information

District Detroit
High Detroit

Additional Information

Zoning Commercial,Multi-Family
Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeSignature Sotheby's International Realty Bham

Listing Map

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