Active
453 MARTIN LUTHER KING JR Boulevard
Detroit MI, 48201
$2,500,000
$197.97 per sqft
Active
12,628 sqft
Commercial
Built in 1888
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.
20230098765
MLSⓇ ID
November 20, 2023
Listed
November 28, 2024
Updated
Map
453 MARTIN LUTHER KING JR Boulevard
Detroit MI, 48201
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.7 Acres
School Information
School District
Detroit
Other Property Details
Area Name
Det: Livernois-I75 6-Gd River
Taxes
$41,049
Tax Frequency
Annually
Days on Market
496
Garage
No
View
No
County
Wayne
Pool
No
Zoning
Commercial,Multi-Family
Courtesy of Signature Sotheby's International Realty Bham
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Data last updated 1:37 PM UTC, 11/28/2024