Detroit, MI 48226
MLS# 20261047856
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.
Listed by Jan Dijkers · Berkshire Hathaway HomeServices The Loft Warehouse
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$7,074/mo
$279,800 down · $1,119,200 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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