Detroit, MI 48201,2627 John R Street
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Detroit, MI 48201,2627 John R Street
Detroit, MI 48201,2627 John R Street
Detroit, MI 48201,2627 John R Street
Detroit, MI 48201,2627 John R Street
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$ 8,875,000
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2627 John R Street Detroit, MI 48201

52,386 SqFt


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Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 52,386 sqft

Price per Sqft $169

Subdivision Mi

MLS Listing ID 60944363

Annual Tax Amount $29,694

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 83x160

Property Sub-Type Commercial/Industrial

Property Description

2627 John R – Brush Park / Midtown Redevelopment Rare mixed-use investment in Brush Park. This 52,386 SF, 8-story mid-rise offers 72 apartment units + 4,500 SF of retail. Currently 43% residential vacancy and 100% retail vacancy - making it ideal for repositioning and redevelopment. Prime Location: Steps from City Modern, District Detroit, Little Caesars Arena, Ford Field, Comerica Park, and the QLine. Zoning: Commercial/Multifamily – Opportunity Zone & NEZ eligible. Class B asset in an A+ location – excellent potential to rent below new construction rates while capturing strong demand.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Commercial,Residential

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership Private

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by TAP CRE

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2627 John R Street