130 E Grand Blvd - Health Care FOR SALE


Detroit, MI 48207- Islandview
$815,000 USD
313-806-1303
130 E Grand Blvd, Detroit, MI for Sale
$815,000 USD
Health Care - FOR SALE
1/8
null | Request Cap Rate

130 E Grand Blvd
Detroit, MI 48207
Islandview


HIGHLIGHTS

  • High Traffic
  • Excellent Location Walking Distance to Belle Isle
  • Close to CBD

OVERVIEW

Amazing Development Opportunity at the footsteps of Belle Isle Park. The Detroit Land Bank Authority, in partnership with the City of Detroit’s Housing and Revitalization Department and Planning and Development Department, seeks a developer for a prime development site comprised of approximately 1.21 +/- acres in the Islandview neighborhood with approximately 340 feet of frontage on E Grand Boulevard between E Jefferson and E Congress. The site contains 4 structures: the Frederick Chambe Mansion (a grand residential structure built in 1898 and designed by Detroit architect Louis Kamper), a cinderblock addition to the mansion built in 1966, a garage/carriage house, and a two story commercial building fronting Congress Street. 3D Tour, Development Proposal Guidelines and offer instructions attached to listing. Current Zoning is R5. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due August 1, 2020.

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

East Grand Nursing Home

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

R5

APN/PARCEL ID

15-0075135

ASK ABOUT THIS PROPERTY

James BufalinoPremier Property ServicesMore Info
313-806-1303

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

James BufalinoPremier Property ServicesMore Info
313-806-1303

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