453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$2,500,000
Est. payment /mo
12,628 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,628 sqft

Price per Sqft $197

MLS Listing ID 20230098765

Year Built 1888

Annual Tax Amount $41,049

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 100.00 x 190.00

Source Realcomp

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.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial,Multi-Family

Direction Between Cass and Second

Exterior

View Y/N No

Building

Water Public

Structure Type Brick,Stone

Schools

School District Detroit

Others

Tax ID W02I000726S

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Listed by Signature Sotheby's International Realty Bham

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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