453 MARTIN LUTHER KING JR Boulevard, Detroit, MI 48201

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List Price
$2,500,000
Days on Market
1105
MLS#
20230098765
Status
ACTIVE
Type
Commercial
Neighborhood
Wayne County - 100

Property Description

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.

Additional Information

Taxes
$41,049
Acres
0.70
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jerome Dixon from Listing Office: Signature Sotheby's International Realty Bham.

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