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$ 1,399,000
Est. payment /mo
Active
1450 6th Street Detroit, MI 48226
4,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $333
MLS Listing ID 20261047856
Year Built 1906
Annual Tax Amount $492
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions irregular
Source Realcomp
Property Description
A developer's opportunity for immediate cashflow + vacant land for redevelopment - in burgeoning Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: (1) Triangle-shaped vacant land to the north (1500 6th); (2) a brick 4-unit, occupied, newer roof and boiler, all electrical and plumbing updated, additional upside to finish a former basement apartment, and includes the vacated Labrosse St (1450 6th) and (3) vacant land to the south of the structure (1440 6th). This location is in close proximity to the restaurants lining Michigan Avenue and one mile to Ford's Michigan Central Innovation District. Half a block south on 6th street, two vacant office towers and multiple lots are being redeveloped into hotel, residential and retail. The offering is a half acre and combined under tax ID 06004564-743. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request. Located in an NEZ-New/Rehab district (property tax abatement), and an Opportunity Zone.
Location
State MI
County Wayne
Zoning Commercial,Multi-Family,R
Direction Michigan Ave to 6th St, head south, property is on the left
Rooms
Basement Basement
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Foundation Brick/Mortar
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W06I004564C743
Listed by Berkshire Hathaway HomeServices The Loft Warehouse