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12,628 sqft

$2,500,000

453 MARTIN LUTHER KING JR BLVD, Detroit City Wayne Michigan, 48201

Price per sqft$197.97
Built in1888
Property size12,628 sqft
Property typeCommercial

Overview

Active

Listed Nov 20, 2023

Updated 2 weeks ago

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.

Other Property Details

Taxes
$41,049
Tax Frequency
Annually
55+/Senior Community
No

 

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Data last updated 6:02 AM UTC, 9/10/2026

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