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$400,000
Est. payment /mo
172,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 172,000 sqft
Price per Sqft $2
Subdivision Highland Park Sub
MLS Listing ID 20230043545
Year Built 1951
Lot Size 1.720 Acres
Acres 1.72
Property Sub-Type RealEstateOnly
Property Description
Located in the center of Highland Park, this is a unique and rare opportunity to
redevelop a former hospital. Anchoring the corner of Highland and 3rd Ave, the 9-story brick structure offers multiple, different level floor plates, expanding 172,000 square feet across 1.7 acres of land. One of the tallest buildings in Highland Park, you have
expansive 360-degree views, including the downtown Detroit skyline and New Center. The Urban Village / Mixed-Use Zoning allows for residential, commercial, civic and
institutional uses. Building Features: Redevelopment Opportunity, Low Acquisition Costs $2.32/SF, Flexible zoning, Located 2 miles from New Center, Close proximity to the Lodge Freeway.
redevelop a former hospital. Anchoring the corner of Highland and 3rd Ave, the 9-story brick structure offers multiple, different level floor plates, expanding 172,000 square feet across 1.7 acres of land. One of the tallest buildings in Highland Park, you have
expansive 360-degree views, including the downtown Detroit skyline and New Center. The Urban Village / Mixed-Use Zoning allows for residential, commercial, civic and
institutional uses. Building Features: Redevelopment Opportunity, Low Acquisition Costs $2.32/SF, Flexible zoning, Located 2 miles from New Center, Close proximity to the Lodge Freeway.
Location
State MI
County Wayne
Area Area05044Highlandpark
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features TwoCarGarage, Garage
Garage Spaces 2.0
View Y/N No
Garage true
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Highland Park
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC
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