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2727 Second Ave
Detroit, MI 48201
The Block at Cass Park · Office Property For Sale
Investment Highlights
- Opportunity to acquire The Block, an iconic building in Downtown Detroit. Designed by Albert Kahn.
- DISCOUNTED BASIS The cost of the Property will compare favorably to the estimated replacement cost of over $700 per square foot.
- INCOME STREAM In-place income being generated from shortterm leases providing investors with flexibility and upside
- EXCELLENT LOCATION across from beautiful Cass Park and in the heart of Detroit, investors and users alike can benefit from favorable freeway access
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
247,869 SF
Building Class
B
Year Built
1927
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
49,574 SF
Slab To Slab
11’
Building FAR
1.56
Lot Size
3.64 AC
Zoning
B4 - General Business District
Parking
240 Spaces (0.97 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Accent Lighting
- Basement
- Central Heating
- High Ceilings
- Natural Light
- Secure Storage
- Air Conditioning
Property Taxes
| Parcel Number | 04-003315 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $18,118,800 |
Property Taxes
Parcel Number
04-003315
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$18,118,800
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