200 Highland St - Hospitals FOR SALE


Highland Park, MI 48203
$400,000 USD
313-704-2678
200 Highland St, Highland Park, MI for Sale
$400,000 USD
Hospitals - FOR SALE
1/8
null | Request Cap Rate

200 Highland St
Highland Park, MI 48203


OVERVIEW

Located in the center of Highland Park, this is a unique and rare opportunity to redevelop a former hospital. Anchoring the corner of Highland and 3rd Ave, the 9-story brick structure offers multiple, different level floor plates, expanding 172,000 square feet across 1.7 acres of land. One of the tallest buildings in Highland Park, you have expansive 360-degree views, including the downtown Detroit skyline and New Center. The Urban Village / Mixed-Use Zoning allows for residential, commercial, civic and institutional uses. Building Features - Redevelopment Opportunity - Low Acquisition Costs $2.32/SF - Flexible zoning - Located 2 miles from New Center - Close proximity to the Lodge Freeway

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$2 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

N/AV, Highland Park

APN/PARCEL ID

43-012-04-0147-000

ASK ABOUT THIS PROPERTY

Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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