A developer’s opportunity for immediate cashflow + vacant land for redevelopment - in the heart of Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: 1) Triangle-shaped vacant land to the north (1500 6th); 2) a brick 5-unit, occupied, newer roof and boiler, includes vacated Labrosse St (1450 6th) and 3) vacant land to the south of the structure (1440 6th). This location is in close proximity to the restaurants lining Michigan Avenue and one mile to Ford’s Michigan Central Innovation District. Half a block south on 6th street, two vacant office towers and multiple lots are being redeveloped into hotel, residential and retail. The offering is a half acre and combined under tax ID 06004564-743. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request. Located in an NEZ-New/Rehab district (property tax abatement), and an Opportunity Zone.
4,200 Sq Ft
0.42 Private Acres Lot Size
commercial
$177 Annual Tax
Built in 1906
MLS/Listing ID 20261010675
5 Units
Basement
Brick Mortar
Construction - Brick
Parking - On Site
Parking - On Street
Heating - Hot Water
TOTAL MONTHLY COST
$0
$0
$0