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$ 1,300,000
Est. payment | /mo
21,209 SqFt
$ 1,300,000
Est. payment | /mo
21,209 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 21,209 sqft
Price per Sqft $61
Subdivision Mi
MLS Listing ID 60932536
Annual Tax Amount $7,881
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 105.00 x 146.00
Property Sub-Type Commercial/Industrial
Property Description
Great mixed-use apartment portfolio located in Southwest Detroit, just two miles from Downtown and steps from the new Gordie Howe International Bridge development. This offering includes three buildings and a vacant lot at the corner of Fort Street and Beard Street, featuring a total of 26 residential units - one three-bedroom, two two-bedrooms, and eighteen one-bedrooms - along with five ground-floor retail spaces. The property has seen many recent updates and presents strong value-add potential, making it ideal for investors or developers considering a condo conversion or long-term hold. With close proximity to major freeways, downtown amenities, and large-scale infrastructure projects underway, this site is perfectly positioned for future growth in a rapidly transforming corridor.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Mixed Use,Multi-Family,Commercial
Building
Foundation Basement
Water Public Water
Others
Ownership Private
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251032191
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Domain
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