12305 Dexter Ave - Schools FOR SALE


Detroit, MI 48206
$650,000 USD
313-451-0202
12305 Dexter Ave, Detroit, MI for Sale
$650,000 USD
Schools - FOR SALE
1/20
null | Request Cap Rate

12305 Dexter Ave
Detroit, MI 48206


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

B4

APN/PARCEL ID

14-00621-421

ASK ABOUT THIS PROPERTY

Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.