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17559 Joseph Campau - Cathedral of Hope 5,640 SF Specialty Building Offered at $250,000 in Detroit, MI 48212

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INVESTMENT HIGHLIGHTS

  • Active Tenant on Defaulted LEase Terms - Can be Owner Occupied o r renegotiate lease to current.

EXECUTIVE SUMMARY

Former Cathedral of Hope. Pristine exterior and Roof as well as newer mechanicals. Possibility to add off street parking from acq. of additional contiguous lot(s) to be Large facility could be used for other purposes such as a event hall, recreation facility, daycare, annex building for another institution. Larger open space and also private offices. Close to public transportation, freeway access, shopping and schools. aka 17561 Joseph Campau BATAVIA Buyer/ Agent to verify all information and perform their own due diligence.
Contact Elwood.Biz for More Information
https://Elwood.Biz
248-568-5958

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $25,200 $4.47

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $25,200
Annual Per SF $4.47

PROPERTY FACTS

Price $250,000
Price Per SF $44.33
Sale Type Investment or Owner User
Sale Conditions
Lease Option
  • Deferred Maintenance
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Schools
  • Specialty Shelter
Lot Size 0.16 AC
Building Size 5,640 SF
No. Stories 2
Year Built 1973
Zoning Special Use - Currently T - Currently Tax Exempt Church Religious Facility
Parcel Number 09-01155-960

AMENITIES

  • Bus Line
  • Signage
  • Listing ID: 27908481

  • Date on Market: 3/7/2023

  • Last Updated:

  • Address: 17559 Joseph Campau, Detroit, MI 48212

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