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.
General Information
Sale Price: $10,995,000
Price/SqFt: $135
Status: Active
MLS#: rcomi2210056729
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.37
Lot Dimensions: 80.00X200.00
Size: 81,451 sq.ft.
Acreage: 0.37 est.
Year Built: 1929
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $52,981 Est. Winter Taxes: $6,347
