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2240-2250 W Grand Blvd
Detroit, MI 48208
Lee Plaza · Multifamily Property For Sale · 200 Units

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EXECUTIVE SUMMARY

Property Features:
• 15-Story building zoned for multi-family usage
• Surrounding land can be converted to parking lot
• Centrally located between I-96 and M-10, Close to I-94
• Qualifies for Federal Historic Tax Credits
• Close proximity to several Educational Institutions:
• Northwestern Detroit Collegiate Preparatory High School
• Thirkell Elementary-Middle School
• Wayne State University Campus
• Close proximity to numerous Detroit landmark attractions:
• Motown Historical Museum
• The Fisher Building
• Detroit Institute of Arts
• Charles H. Wright Museum of African American History
• Michigan Science Center
• M-1 Rail
• Pistons Practice Facility and Headquarters
• TechTown

PROPERTY FACTS Under Contract

Price Per Unit $1,750
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
No. Units 200
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Class B
Lot Size 2.00 AC
Construction Status Under Renovation
Building Size 234,544 SF
Average Occupancy 0%
No. Stories 15
Year Built/Renovated 1958/2026
Zoning R-6
Parcel Number 10-001037

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gas Range
  • Smoke Detector
  • Listing ID: 10930970

  • Date on Market: 12/11/2017

  • Last Updated:

  • Address: 2240-2250 W Grand Blvd, Detroit, MI 48208

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