It’s no secret that Midtown Detroit real estate is booming. Midtown currently has a 97% occupancy rate and rents continue to increase, as they have across the greater downtown area. Commercial and residential buyers in the Midtown area have been reaping the benefits of their investments for years now, and it’s not too late for you to find a property of your own. At City Living Detroit, we offer many options when it comes to Midtown Detroit real estate. We have several commercial properties available for sale, as well as many residential properties like homes and lofts. With so many investment opportunities available, it’s easy to see why it is time to invest in Midtown Detroit. In case you’re in need of a little more convincing, here are some other reasons:
Cultural Institutions in Midtown Detroit
Midtown Detroit boasts some of the greatest cultural institutions in the state. Art lovers can visit the DIA or the MOCAD, as well as smaller galleries like the N’Namdi Center for Contemporary Art or the Simone DeSousa Gallery. Midtown also houses the largest branch of the Detroit Public Library. If you’re looking for live music The Majestic Theatre, The Magic Stick, The Old Miami, and other venues should have you covered every night of the week. Midtown also boasts educational institutions like Wayne State, CCS, and satellite locations of MSU and U of M. All of these cultural institutions in Midtown Detroit attract residents. Making it the ideal location for investment.
Food
It seems like not a day goes by without the announcement of a new restaurant opening in Midtown. From upscale eateries to Coney Islands, Midtown has something for everyone. Investing in Midtown Detroit real estate could give you the opportunity to house the hottest new eatery in the city.
Proximity
Midtown is situated in the heart of Detroit, giving its residents access to the best that detroit has to offer. Want to go to a game? Midtown is only a short trip away from all four Detroit sports teams. What about taking in a broadway show? The Fisher Theatre is just a quick trip up Woodward. Even places outside of the city like Dearborn or Ferndale are just a short trip away. Midtown Detroit real estate is not only situated in the heart of Detroit, it’s situated in the heart of the metro area. Making it a great place to invest in.
With so many opportunities to invest in commercial or residential property in Midtown, what are you waiting for? Contact City Living Detroit to invest in Midtown Detroit real estate today!