4777 E Outer Dr
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4777 E Outer Dr
340,671 SF Vacant Office Building Detroit, MI 48234 $2,899,000 ($9/SF)
Investment Highlights
- 13.36 +/- Acres
- Zoned R-5 Medium Density Residential District
- Development Opportunity
Executive Summary
For Sale, Lender Owned - 13.36 +/- Acres Development Opportunity. Former 340,671 +/- SF Hospital Zoned R5 Medium Density Residential District. Numerous uses permitted under the R-5 zoning designation, including Multi-Family Apartments, Single Family and townhouse developments, assisted living and nursing home facilities, child/adult care centers, hospital, school and medical/dental clinics. 933' of frontage on Conner Street, 990' of frontage on Outer Drive. Call for more details.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
340,671 SF
Building Class
B
Year Built
1950
Price
$2,899,000
Price Per SF
$9
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
85,168 SF
Slab To Slab
10’
Building FAR
0.59
Lot Size
13.36 AC
Zoning
R5 - R-5 Medium Density Residential District
Parking
917 Spaces (2.69 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 of 16
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4777 E Outer Dr
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