2933 2ND AVENUE
Detroit, MI 48201
21718 sqft | 2 baths | #20240001555
Description
Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life!
Needs new electrical and plumbing.
Interior Details
- HeatingOther
Beds & Baths
- Total Baths2.00
- Bathrooms2
- Full Baths2
Property Details
- Square Feet21718
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1924
Community and Neighborhood Details
- ZoningCommercial, Multi-Family
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Financial Details
- Original List Price$5,299,999
Other
- MLS #20240001555
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Ava Pavlina (#436112)
Listing Office: Arterra Luxe Collection LLC (#431646)
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