Active
2933 2ND Avenue
Detroit MI, 48201
$3,999,999
$184.18 per sqft
Active
2 Baths
21,718 sqft
Multi-family
Built in 1924
Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life!
Needs new electrical and plumbing.
20240001555
MLSⓇ ID
January 9, 2024
Listed
April 26, 2024
Updated
Map
2933 2ND Avenue
Detroit MI, 48201
Interior Features
Bathrooms
2 Baths
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Architectual Style
Historic
School Information
School District
Detroit
Other Property Details
Area Name
Det: Livernois-I75 6-Gd River
Taxes
$570
Tax Frequency
Annually
Days on Market
80
Garage
No
View
No
County
Wayne
Pool
No
Zoning
Commercial,Multi-Family
Buyer Agency Compensation
2.5%
Courtesy of Arterra Luxe Collection LLC
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Data last updated 8:55 PM UTC, 4/26/2024