2627 John R, Detroit, MI 48201

In the heart of detroit's iconic brush park, this eight-story, 52,386 sf mid-rise offers a rare repositioning opportunity. Built in 1913 and partially renovated in 2022, the property features 72 apartments and 4,500 sf of retail. Currently, the apartments are 50% vacant and the retail is 100% vacant, creating immediate upside through lease-up and strategic redevelopment. A class b asset in an a+ location, it's just steps from city modern, making it an ideal opportunity to deliver high-quality, attainable housing and retail in one of detroit's most dynamic neighborhoods.

Connected two-building property is anchored by the 8-story john r building, which contains 56 apartment units. The unit mix includes six 2-bedroom/1-bath residences and forty-eight 1-bedroom/1-bath residences.

The property features an elevator for resident convenience and a leasing office located within one of the units. Both buildings are linked through the basement, allowing for seamless access between them.

This 4,500 sf bi-level retail space sits at the corner of John R and Adelaide, just steps from Detroit's stadium district. With 20-foot ceilings, three entrances for potential subdivision, and strong visibility, the space offers flexible opportunities. Area retail rents average $25-$35/sf, triple net.

Adelaide features 16 apartment homes, including four 2-bedroom/1-bath and twelve 1-bedroom/1-bath units. The three-story building offers five units per floor plus one garden-level apartment, accessible by a central staircase from adelaide street.

Each residence is generously sized and offers panoramic views of city modern, the detroit skyline, and the city's stadiums