1250 Library St - Apartments FOR SALE


Detroit, MI 48226- City Center Detroit
$7,000,000 USD
313-505-3713
1250 Library St, Detroit, MI for Sale
$7,000,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1250 Library St
Detroit, MI 48226
City Center Detroit


HIGHLIGHTS

  • Prime Library Street Location, Historic Building Converted to Lots.
  • Proximity to Major Downtown Developments (Hudson's Detroit), Strong demand for Loft-Style Residences in Downtown Detroit.
  • Zoned 201: Commercial Mixed Use Residential + Commercial.

OVERVIEW

Tower Real Estate Is pleased to Present An Exclusive opportunity to Acquire 1250 Library Street, A 6-Six-Sotry, Mixed-Use Commercial Building Located in the Heart of Downtown Detroit. With its Iconic Architectural Character and unmatched Located, This Asset is Poised for Continued Value Appreciation.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

11

PRICE/UNIT

$636,364

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Library Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1917

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

201

APN/PARCEL ID

01-004000

ASK ABOUT THIS PROPERTY

Lisa DebsTower Real EstateMore Info
313-505-3713

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Lisa DebsTower Real EstateMore Info
313-505-3713

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