1627 W LAFAYETTE BLVD

Estimated Monthly Payment: $25,081/mo 1627 W LAFAYETTE BLVD, Detroit, MI 48216 MLS# 218117690 Commercial Listing Status: Active
18,826 sqft
41
38
0
0

REMARKS:

Prime development project located in Corktown and in the opportunity zone. Existing 12 year tax freeze starting in 2018 with the OPRA tax credit includes the addition of 5 more floors. Approved special use permit allows both residential and commercial use. Three parcels included, 1627 W Lafayette primary building existing 20k sq ft with the approval to go up to 7 stories, 1626 W Fort St. 6,175 parcel for parking & 1551 W Lafayette a 16,552 sq ft parcel with an existing 2k sq ft building for a potential parking structure location. Right down the street from the Assemble a Bedrock development consisting of retail, office and residential space. Blocks away from the West Riverfront development a 22 acre site set to undergo a 200 Million dollar revitalization. Major developments happening in Corktown close by include the new Ford HQ in the Grand Central Station, Elton Park, The Corner. Property sold AS IS BATVAI.

OVERVIEW:

Commercial
Active
Realcomp II Ltd
WOODBRIDGE FARM AS DIVIDED BY CMRS (ALSO P147 PLT)
1926
18826
0.21
Brick
Basement, Slab
Other
Natural Gas
Municipal Water
Sewer At Street

SCHOOLS:

Detroit

FINANCIAL:

$5,500,000

NEIGHBORHOOD & SCHOOL INFORMATION:

 

Provided through IDX through Realcomp II LTD.

 

Courtesy of Real Estate One-w Blmfld

 

Originating MLS:  Realcomp II Ltd

 

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