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$2,500,000

453 MARTIN LUTHER KING JR BLVD – 48201

Detroit, Michigan 48201

Midtown Neighborhood

12628 Sq FT

$197.97 Price per Sq Ft

Highlights

About This Home

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.

Listing Agent

Jerome Dixon

Signature Sotheby's International Realty Bham

Listed on : July 21, 2023

Activity

Days on Market:

1025

Home Details

Home Type

  • CommercialSale

Est. Annual Taxes

  • $41,049

Year Built

  • Built in 1888

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 100.00 x 190.00

Parking

Home Design

Interior Spaces

  • 12,628 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • 453 MARTIN LUTHER KING JR BLVD

Utilities

  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

Map

About Midtown

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Own It Realty

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