2801 W Vernor Hwy
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2801 W Vernor Hwy
22,579 SF Office Building Detroit, MI 48216 $2,800,000 ($124/SF)
Investment Highlights
- All new windows throughout entire building & new heating and cooling
- New electric sliding doors
- New sump-pump in basement with mold remediation done
- New classrooms and offices on main floor and second floor
- New paint both interior and exterior
- Walking distance to Corktown and Michigan Central Station
Executive Summary
Fantastic opportunity with a major price update! With 2 levels of office spaces and classrooms, an attached warehouse, massive basement and roughly 56,500 sq. feet of land (1.3 Acre), this property has endless potential. Within walking distance to the Michigan Central Station and Corktown. Building is zoned B4 in an opportunity zone. Showings by appointment only.
BATVAI. Showing by appointment only. Licensed agent must be present for all showings and inspections.
BATVAI. Showing by appointment only. Licensed agent must be present for all showings and inspections.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
REO Sale
Property Type
Building Size
22,579 SF
Building Class
B
Year Built
1959
Price
$2,800,000
Price Per SF
$124
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
7,526 SF
Slab To Slab
11’
Building FAR
0.40
Land Acres
1.30 AC
Opportunity Zone
Yes
Zoning
B4 - General Business District B4
Parking
45 Spaces (1.99 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Fenced Lot
- Basement
- High Ceilings
- Air Conditioning
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 12-007595-603 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $478,600 |
PROPERTY TAXES
Parcel Number
12-007595-603
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$478,600
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2801 W Vernor Hwy
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