2048 14Th Street Detroit, MI $ 2,600,000
2048 14Th Street
$ 2,600,000
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2048 14Th Street

Detroit, MI, 48216
$ 2,600,000
Baths0.0 Sq 37,670

Monthly Estimate*

$ 17,280

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Studio

Commercial Property for sale in Detroit, MI

for $2,600,000. This 37,670 square foot building was built in 1960 on a lot size of 1.

Filled with tons of character and architectural beauty, the subject property is an approximately 37,670-square-foot former school building adjacent to Ford Motor Company's mobility campus in the Corktown neighborhood of Detroit, which boasts some of the strongest real estate rental and sales rates in the city. The site is positioned just one block from the new Southwest Greenway, which offers protected pedestrian and bike pathways, connecting to the future Ralph C. Wilson Centennial Park. The property will be attractive to a number of potential users and developers who want to put down roots in Detroit's most exciting neighborhood. Appealing qualities include the substantial parking capacity and flexible floor plan of the building, which allows for several demisable options and uses. It’s a perfect adaptive reuse project with solid bones, the potential for an open floor plan, and additional land zoned B4. Property tours will be on Wednesday, June 5th from Noon - to 2:00 PM

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,699

Style

Lot Size

1

Year Built

1960

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240035157

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial Multi-Family Office Residential
Year Built 1960
Property Type Commercial
Subdivision Name GODFROY FARM SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 27
MLS Area Det South Of Grand River
Directions Adjacent to Ford's Michigan Central Station in Corktown
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Assessment 100.00
Total Sq Ft 37670
DOM 27
Taxes 3699.0000
Legal Description E FOURTEENTH 70 67 64 61 58 55 SUB OF GODFROY FARM L1 P132 PLATS W C R 10/24 300 X 145 OPRA CERT #3-15-0001 12/31/2015 - 12/30/2027 OPRA REHAB 1/2 RATE EXPIRES 12/30/2020
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Exterior
Waterfront 0
Lot Size Area 1.00
Water Source Public (Municipal)
Lot Size Dimensions 24.00 x 145.00
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$17,589
Per Month
98%
2%
0%
Monthly Principal & Interest
$17,280
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$2,600,000 Listed Price

Map


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2048 14Th Street, Detroit, MI, 48216 is a Commercial Property for sale at $2,600,000 with 37,670 sqft and a lot size of 1. 2048 14Th Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 48216 which is in Detroit, MI