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Iodent Lofts 2233 Park Ave

11 Unit Apartment Building For Sale Detroit, MI 48201

Investment Highlights

  • 33,480 SF | 8 Story’s Plus Basement | Mixed Use Building - Residential | Office | Retail
  • 2-Car Tandem Garage
  • 1st & 2nd Floor Restaurant/Bar |Long-Term Tenant
  • 11 Fully Leased Luxury Apartments & 1 Penthouse Apartment with Rooftop Enclosure
  • 3rd Floor Office Suites
  • Contact Broker for Confidential OM

Executive Summary

Capture the essence of timeless charm and modern allure of this historic 1920s Arts Deco skyscraper known as the Iodent Loft Building. The historic property was renovated in 2009 and houses 11 luxury rental apartments, 1 luxury Penthouse apartment with rooftop garden & wet bar, office suites and two first floor commercial spaces. The property exudes sophistication and style, perfectly suited for different users ranging from residential, office or commercial. Its prime location in the vibrant Fox Town area, the stunning building architectural features and multiple use zoning offers a compelling investment opportunity. This prime property presents a lucrative prospect for savvy investors seeking a premier asset in a dynamic rebirth market. Elevate your portfolio with this iconic property's enduring appeal and trophy presences.
- Rare Investment Opportunity | Excellent NOI
- 33,480 SF | 8 Story’s Plus Basement
- Mixed Use Building - Residential | Office | Retail
- 11 Fully Leased Luxury Apartments
- Penthouse Apartment with Rooftop Enclosure
- 2-Car Tandem Garage
- 3rd Floor Office Suites
- 1st & 2nd Floor Restaurant/Bar |Long-Term Tenant
- Contact Broker for Confidential OM

Property Facts

Sale Type Investment or Owner User
No. Units 11
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
  • Office Office Residential
Apartment Style Mid Rise
Building Class A
Lot Size 1.09 AC
Building Size 33,480 SF
No. Stories 8
Year Built/Renovated 1922/2009
Opportunity Zone Yes
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-000453
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,388,600

zoning

Zoning Code B5
B5
  • Listing ID: 31535364

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 2233 Park Ave, Detroit, MI 48201

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