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12305 Dexter Ave 27,720 SF Specialty Building Offered at $650,000 in Detroit, MI 48206

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Executive Summary

ALMOST 28,000 SQFT SITTING ON A HALF ACRE. REDEVELOPMENT MIXED USE OPPORTUNITY IN GROWING RUSSELL WOODS-SULLIVAN DISTRICT. THIS PROPERTY SITS ON OVER HALF ACRE. IDEAL FOR MULTIPLE TYPES OF BUSINESS OR RESIDENTIAL/COMMERICAL MIXED USE. THIS IS PART OF THE STRATEGIC NEIGHBOHOOD FUND AREA AND THE RUSSELL WOODS DEVELOPMENT PLANNING. B4 GENERAL BUSINESS DISTRICT. THIS WAS A FORMER SCHOOL THAT WAS CONVERTED INTO A REHABILITATION FACILITY. THERE'S A BASEKETBALL GYM AND A COMMERCIAL KITCHEN. BUILDINGS ARE COMPLETLEY RETROFIT WITH FIRE SUPPRESSION, HVAC UNITS AND WATER HEATERS, FULLY FUNCTIONAL COMMERICAL KITCHEN, WALK IN FREEZERS, ETC.

Property Facts

Price $650,000
Price Per SF $23.45
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 0.99 AC
Building Size 27,720 SF
No. Stories 3
Year Built 1967
Zoning B4 - Commercial

Amenities

  • Bus Line

Property Taxes

Property Taxes

Parcel Number
14-00621-421
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$342,900
  • Listing ID: 31655980

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 12305 Dexter Ave, Detroit, MI 48206

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