2727 Second Ave - Office/Residential FOR SALE
Detroit, MI 48201 |
2727 Second Ave
Detroit, MI 48201
HIGHLIGHTS
- Opportunity to acquire The Block, an iconic building in Downtown Detroit. Designed by Albert Kahn.
- INCOME STREAM In-place income being generated from shortterm leases providing investors with flexibility and upside
- DISCOUNTED BASIS The cost of the Property will compare favorably to the estimated replacement cost of over $700 per square foot.
- EXCELLENT LOCATION across from beautiful Cass Park and in the heart of Detroit, investors and users alike can benefit from favorable freeway access
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Block at Cass Park
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
247869
STORIES
5
BUILDING CLASS
B
YEAR BUILT
1927
SPRINKLERS
-
PARKING SPACES
240
LAND DETAILS
LAND ACRES
3.64 AC AC
LAND SF
158,558 SF
ZONING
-
APN/PARCEL ID
04-003315
