1516 Martin Luther King Jr Blvd - Churches FOR SALE


Detroit, MI 48208- Corktown
$1,590,000 USD
248-801-9499
1516 Martin Luther King Jr Blvd, Detroit, MI for Sale
$1,590,000 USD
Churches - FOR SALE
1/15
null | Request Cap Rate

1516 Martin Luther King Jr Blvd
Detroit, MI 48208
Corktown


HIGHLIGHTS

  • Historic 23,810 SF church for redevelopment
  • Prime Corner lot at Martin Luther King Jr. Blvd & Trumbull Ave
  • Three-story building featuring original architectural details and historic character
  • Conceptual plans available for conversion to a restaurant/entertainment venue
  • Ideal for hospitality, cultural, or creative commercial redevelopment
  • 1.34 acre lot with plenty of room for parking

OVERVIEW

P.A. Commercial is pleased to offer a rare redevelopment opportunity in the heart of North Corktown, one of Detroit's fastest-evolving neighborhoods. Located at the high-visibility corner of Martin Luther King Jr. Blvd and Trumbull Avenue, this iconic 23,810 SF church presents a unique canvas for adaptive reuse. Originally constructed in 1893, with a Sunday School addition built in 1925, the three-story structure showcases timeless architectural details and rich historical character. The property sits on a prominent corner lot and offers tremendous potential for transformation. Conceptual plans are available to convert the building into a multi-level dining and entertainment destination. Proposed uses include: Basement: Speakeasy, casual dining, and kitchen First Floor: Lounge, upscale dining, bar, private dining rooms, and kitchen Third Floor: Entertainment venue and bar Whether reimagined as a hospitality hub, cultural venue, or creative commercial space, this property offers investors and developers a one-of-a-kind opportunity in a highly walkable, strategically positioned Detroit neighborhood. LOCATION DESCRIPTION Situated at the bustling intersection of Martin Luther King Boulevard and Trumbull Street in the vibrant North Corktown neighborhood, this property benefits from excellent visibility and accessibility. The surrounding area is rich in culture, with numerous local businesses, universities, parks, and residential developments, making it an attractive location for future projects. Here are some notable projects shaping the neighborhood: Preserve on Ash: A significant mixed-use project that aims to deliver nearly 600 new and preserved affordable housing units across from Greater Corktown Left Field Apartments: Located near the former Tiger Stadium site, this 60-unit development offers 48 affordable units for households earning up to 80% of the area median income. Ford's Michigan Central Campus: Ford Motor Company's investment in the historic Michigan Central Station has transformed the area into a hub for mobility innovation.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1893

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

B2

APN/PARCEL ID

08-0059102

ASK ABOUT THIS PROPERTY

Noor KalashoP.A. Commercial, LLCMore Info
248-801-9499

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Noor KalashoP.A. Commercial, LLCMore Info
248-801-9499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.