$8,875,000 for Sale

2627 john r, detroit, MI 48201

Property Description
2627 John R â?? Brush Park / Midtown Redevelopment Rare mixed-use investment in Brush Park. This 52,386 SF, 8-story mid-rise offers 72 apartment units + 4,500 SF of retail. Currently 43% residential vacancy and 100% retail vacancy - making it ideal for repositioning and redevelopment. Prime Location: Steps from City Modern, District Detroit, Little Caesars Arena, Ford Field, Comerica Park, and the QLine. Zoning: Commercial/Multifamily â?? Opportunity Zone & NEZ eligible. Class B asset in an A+ location â?? excellent potential to rent below new construction rates while capturing strong demand.
General Information
Sale Price: $8,875,000
Price/SqFt: $169
Status: Active
MLS#: 60931404
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.3
Lot Dimensions: 83x160
Size: 52,386 sq.ft.
Acreage: 0.3 est.
Year Built: 19
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $18,079
Est. Winter Taxes:  $11,615


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(810) 513-4273 Call Kelly Slater for more information about this property.

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