Historic Riverfront District Property in Opportunity Zone

Retail-Commercial for Sale
Catylist Listing ID: 30374487
Property Subtypes: Mixed Use, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,328 SF
Gross Building Area: 5,376 SF
Gross Land Area: 0.20 SF
Sale Price: $975,000
Unit Price: $183 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Former McGregor Carriage House
Usable Size (USF): 5,328 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Last Updated: 5/1/2019

Overview / Comments

Located in the heart of the Detroit’s Riverfront District, is this
designated historic, beautifully restored brick building (formerly known as the McGregor
Carriage House). Close to Orleans Landing, the Dequindre Cut and Riverwalk.
Opportunity Zone: https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx
Class C Liquor License Available with sale for $150,000.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 09-000090
Zoning: SD-4
Retail Clientele: Family, Business, Traveler, Recreation, Convention
Property Located Between: South of E. Jefferson, between St. Aubin and Orleans
Property Visibility: Excellent
Largest Nearby Street: E. Jefferson Avenue
Highway Access: Minutes from I-75 and M-10
Airports: Detroit Metropolitan 34 min. Detroit City Airport 16 min.
Site Description: This building is all brick and interior can be exposed.
Area Description: Renaissance Center Transit Stop (Detroit... 4 min 16 min 0.8 mi Bricktown Transit Stop (Detroit People Mover) 4 min 18 min 1.0 mi Millender Center Transit Stop (Detroit People... 4 min 18 min 1.0 mi Greektown Transit Stop (Detroit People... 5 min 19 min 1.0 mi
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,792 SF
Property Condition: Good
Year Built: 1885
Year Renovated: 2006
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Beautiful brick building with large area in back. Plenty of parking, and opportunity for outdoor/patio seating.
Parking Type: Surface
Parking Description: Large area in rear.
Heat Type: Natural Gas
Zoning Description: SD-4 allows many opportunities for this property.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BLK:221 DIST:09 CITY/MUNI/TWP:DETROIT CITY SUBD:ST AUBIN FARM SUB S OF JE S JEFFERSON S 100 FT 2 EXC W 7.02 FT ON N LINE BG W 14 FT ON S LINE BLK 8 SUB OF ST AUBIN FARM L1 P35 PLATS, W C R 9/2 8,568 MAP REF:LB 33577 PG 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,210 77,364 246,498
Median Age: 44.02 40.43 35.96
Households: 8,080 38,537 99,002
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