Active

453 MARTIN LUTHER KING JR Boulevard

Detroit MI, 48201

$2,500,000


$197.97 per sqft

Active

12,628 sqft

Commercial

Built in 1888

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.

20230098765

MLS ID

July 21, 2023

Listed

April 26, 2024

Updated

Map

453 MARTIN LUTHER KING JR Boulevard
Detroit MI, 48201

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.7 Acres

School Information

School District

Detroit

Other Property Details

Area Name

Det: Livernois-I75 6-Gd River


Taxes

$41,049


Tax Frequency

Annually


Days on Market

252


Garage

No


View

No


County

Wayne


Pool

No


Zoning

Commercial,Multi-Family


Buyer Agency Compensation

3%

 

Courtesy of Signature Sotheby's International Realty Bham

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Elizabeth Tintinalli shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Provided through IDX through Realcomp II LTD
Originating MLS:
©2024 Realcomp II LTD Shareholders 

Data last updated 8:54 PM UTC, 4/26/2024

Powered byLuxury Presence