2990 W GRAND BLVD

Estimated Monthly Payment: $18,241/mo 2990 W GRAND BLVD, Detroit, MI 48202 MLS# 219004077 Commercial Listing Status: Active
59,063 sqft
94
80
0
0

REMARKS:

A GREAT OPPORTUNITY WITHIN THE POPULAR NEW CENTER AREA/THEATER DISTRICT IN THE CITY OF DETROIT. CASH FLOWING COMMERCIAL BUILDING THAT HAS 59,063 SF THAT FACES THE FISHER BUILDING AND RIGHT NEXT DOOR TO THE NEW CENTER PARK. WITHIN 3 MILES OF DOWNTOWN. APPROX 1/2 MILE OF HENRY FORD HOSPITAL, 1 MILE FROM WAYNE STATE UNIVERSITY, WITHIN WALKING DISTANCE OF THE MOTOWN MUSEUM AND 2 BLOCKS FROM THE M-1 RAIL STOP. THE MIX OF TENANTS IN THE BUILDING IS INCLUSIVE OF AVALON BAKERY, DETROIT FUTURE CITY, WALKER MILLER, PLAY WORKS AND MANY MORE BUSINESSES. THE BUILDING HAS CURRENTLY 25 OFFICE/RETAIL SUITES THAT CAN BE RECONFIGURED TO MEET JUST ABOUT ANY FLOOR PLAN. RECENT CAPITAL IMPROVEMENTS INCLUDE THE UPGRADING OF COMMON AREAS, MECHANICAL SYSTEMS AND OFFICE SUITES. CURRENTLY PRODUCING $512,078 IN GROSS IN ANNUAL GROSS INCOME. A GREAT HUSTLING AND BUSTLING AREA WITH PLENTY OF TRANSPORTATION AND FOOT TRAFFIC. SALE SUBJECT TO COURT APPROVAL.

OVERVIEW:

Commercial
Active
Realcomp II Ltd
MORAN & MOROSS PT OF SEC NO 31 & 36 (PLATS)
1945
59063
0.27
Brick
Basement
Steam
Natural Gas
Water at Street
Sewer At Street

SCHOOLS:

Detroit

FINANCIAL:

$4,000,000

NEIGHBORHOOD & SCHOOL INFORMATION:

 

Provided through IDX through Realcomp II LTD.

 

Courtesy of Front Page Properties

 

Originating MLS:  Realcomp II Ltd

 

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