2905 Beaufait St - Warehouse FOR SALE


Detroit, MI 48207- Chene
$1,750,000 USD
313-704-2678
2905 Beaufait St, Detroit, MI for Sale
$1,750,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

NEW


2905 Beaufait St
Detroit, MI 48207
Chene


OVERVIEW

The 22,000-square-foot property that houses Spot Lite Detroit is a vibrant presence in Detroit’s cultural scene, bringing together music, art, food, coffee, community and creative work all under one roof. Originally built in 1942 and thoughtfully renovated over the last nine years, the distinctive property includes an open event space; existing cafe, bar, and hospitality infrastructure; private offices, storage and support areas; multiple points of entry; and a fantastic multipurpose outdoor courtyard. The flexible spaces were designed to host a variety of exhibitions, performances, markets, and events. With SMPLFD as a strong carry-over tenant, the property supports hospitality, retail, event programming, gallery space, offices, and production areas. Located at the corner of Beaufait and Charlevoix, 2905 Beaufait sits minutes from Downtown Detroit, Eastern Market, Belle Isle, and the Riverfront, in a neighborhood that continues to attract new investment, residents, and cultural activity. 2905 Beaufait is a place where people come together. Over the years, it has been home to a café, bar, record store, gallery, event venue, artist studios, offices, and creative workspaces. The building has hosted exhibitions, performances, community gatherings, and countless conversations that helped shape Detroit’s creative community. Neighbors: East Village, West Village, Indian Village, Belle Isle, The Shepherd, Lantern, Little Village. Located in the heart of Detroit’s Lower East Side, 2905 Beaufait sits among some of the city’s most active creative and residential neighborhoods. The property is surrounded by a growing mix of cultural destinations, independent businesses, new housing developments, and long-established communities that continue to drive investment and activity throughout the area.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37

LAND SF

16,117

ZONING

Commercial | M4

APN/PARCEL ID

15-013354

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 Notice.