Listed by O'Connor Real Estate
$400,000
Highland Park
Details
APN 43012040147000
Property Type Land
Sub Type Commercial
Square Footage 141,600
Price per SqFt $2
Broker Co-Op Yes
Year Built 1951
Buildings 1
Stories 10
Acreage 1.720
Zoning Flexible
172,000 SF | 1.72 Acres | Redevelopment
Marketing 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.
Investment highlights
- Redevelopment Opportunity
- Low Acquisition Costs $2.32/sf
- Flexible Zoning
- Located 2 Miles From New Center
- Close Proximity to the Lodge Freeway
Listing Contacts
Listed by O'Connor Real Estate
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