453 MARTIN LUTHER KING JR BLVD Detroit MI 48201 MLS #20230098765

453 MARTIN LUTHER KING JR BLVD
Detroit, MI, 48201
$2,500,000
Beds
0 Baths
12,628 SqFt
0.7 Acres
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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.

Property Details

Price:
$2,500,000
MLS #:
20230098765
Status:
Active
Beds:
0
Baths:
0
Address:
453 MARTIN LUTHER KING JR BLVD
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
PLAT OF PART CASS FARM PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Jul 21, 2023
State:
MI
Finished Sq Ft:
12,628
Total Sq Ft:
12,628
ZIP:
48201
Lot Size:
30,492 sqft / 0.70 acres (approx)
Year Built:
1888
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick, Stone

Financial

Taxes
$41,049

Map

Community

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