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

July 21, 2023

Listed

March 29, 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

252


Garage

No


View

No


County

Wayne


Pool

No


Zoning

Commercial,Multi-Family


Buyer Agency Compensation

3%

 

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Data last updated 11:09 PM UTC, 3/29/2024

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