289 Saint Aubin St - Freestanding FOR SALE


Detroit, MI 48207- Rivertown
$575,000 USD
248-663-0507
289 Saint Aubin St, Detroit, MI for Sale
$575,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

289 Saint Aubin St
Detroit, MI 48207
Rivertown


HIGHLIGHTS

  • Redevelopment opportunity
  • Parking Lot Included
  • Next to Detroit's Riverwalk which attracts 3.56 million visitors annually
  • Near Dequindre Cut and the $4.9M Joseph Campau Greenway
  • Near Rivertown Meijer Grocery Development
  • 1.3 Miles from Downtown Detroit

OVERVIEW

Enjoy an excellent location to invest your capital in the Downtown Riverfront District! Formerly the Woodbridge Tavern, this property had one of the first liquor licenses in Detroit and was family owned and operated from 1905-2002. Its popularity boomed, and it began hosting regular live-music shows, with a focus on Jazz and Blues. This is a prime redevelopment opportunity with great potential due to the surrounding amenities, annual visitors to the area, and forecasted development pipeline of downtown Detroit. Located in the heart of Detroit's Rivertown, and Riverwalk District, which was voted the best Riverwalk in America by USA Today. The Riverwalk attracts 3.5 Million visitors each year, and that number is rapidly growing. Excellent location with great connectivity - one block from the popular Dequindre Cut, just west of the $4.9M Joseph Campau Greenway that connects E Vernor Hwy to the Riverwalk, with major freeways nearby. Close proximity to a growing social district that includes Atwater Brewing, Atwater Beach, Aretha Franklin Amphitheater, the Rattlesnake Club, and Outdoor Adventure Center that is surrounded by offices, residences, and more.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

SD4

APN/PARCEL ID

09-000059

ASK ABOUT THIS PROPERTY

Brianna WelshP.A. Commercial, LLCMore Info
248-663-0507

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Brianna WelshP.A. Commercial, LLCMore Info
248-663-0507

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