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453 Martin Luther King Jr Boulevard

Detroit, MI 48201
  • $2,500,000
  • STATUS: Active
  • ON SITE: 515 Days
  • MLS #: 20230098765
UPDATED: 31 min ago
$2,500,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,628
    SQFT
  • $198
    $/SQFT
Type:
Commercial
Built:
1888
County:
Zoning:
Commercial,Multi-Family
Lot Size Dimensions:
100.00 x 190.00

School Ratings & Info

School District:

Description

Rare opportunity for Redevelopment in The Midtown Neighborhood. This property is on national historic registry, but does NOT have any use restrictions. Building could be leveled if desired. Variety of possibilities including new construction on vacant portion with rehab of existing structure; uses could include subsidized housing with servicing center, co-working space, medical offices, condo conversion, or family office center. Plenty of space for parking and expansion.In the center of LCA and Olympia Entertainment, DMC Hospital, Motor City Casino, Downtown District and Midtown. In Community Benefits Impact Area for $1.5B District Detroit Development that includes a series of hotels, entertainment venues, residences, retail, and business incubators.Tax Credits Available for Historic Site - call for more information. Bring your vision and be a part of THE NEW DETROIT.

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-19T09:58:04.023.
www.bhhssnyder.com/homes/145397437
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453 Martin Luther King Jr Boulevard Detroit, MI 48201

  • Price: $2,500,000
  • Status: Active
  • On Site: 515 Days
  • Updated: 31 min ago
  • MLS #: 20230098765
0
Beds
0
Baths
0
½ Baths
0.7
Acres
12,628
SQFT
$198
$/SQFT
1888
Built
Neighborhood:
Plat Of Part Cass Farm (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Rare opportunity for Redevelopment in The Midtown Neighborhood. This property is on national historic registry, but does NOT have any use restrictions. Building could be leveled if desired. Variety of possibilities including new construction on vacant portion with rehab of existing structure; uses could include subsidized housing with servicing center, co-working space, medical offices, condo conversion, or family office center. Plenty of space for parking and expansion.In the center of LCA and Olympia Entertainment, DMC Hospital, Motor City Casino, Downtown District and Midtown. In Community Benefits Impact Area for $1.5B District Detroit Development that includes a series of hotels, entertainment venues, residences, retail, and business incubators.Tax Credits Available for Historic Site - call for more information. Bring your vision and be a part of THE NEW DETROIT.
Exterior Features

Construction Materials BrickStone Lot Size Dimensions 100.00 x 190.00 Road Frontage Feet 170 Road Frontage Type Paved Side Of Street S Waterfront YN No

Interior Features

Sq Ft Main 12628

Property Features

Assessment 1600.00 Commercial Type Real Estate Only Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No Land Contract YN No Listing Financing CashOwner May Carry(Purchase Money Mortgage)Trade/Exchange Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 36931.0000 Tax Amount Winter 4118.0000 Title Standard (Private) Total Tax 41049.0000 Unparsed Address 453 MARTIN LUTHER KING JR Boulevard Water Source Public (Municipal) Zoning CommercialMulti-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Signature Sotheby's International Realty Bham: (248) 644-7000 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-19T09:58:04.023.
 
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Ann Arbor MI, 48105
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