3745 Cass Ave - Freestanding FOR SALE


Detroit, MI 48201- Midtown Detroit
$1,700,000 USD
586-263-5111
3745 Cass Ave, Detroit, MI for Sale
$1,700,000 USD
Freestanding - FOR SALE
1/30
null | Request Cap Rate

3745 Cass Ave
Detroit, MI 48201
Midtown Detroit


OVERVIEW

3745–3759 Cass Avenue presents a rare redevelopment opportunity in the heart of Detroit’s Midtown district, one of the city’s most vibrant and sought-after residential neighborhoods. The site consists of approximately ±11,000 square feet (±0.35 acres) and is zoned B4, allowing for mixed-use development along the highly active Cass Avenue corridor. A conceptual development study illustrates the potential for a four-story mixed-use project consisting of approximately 45 residential units with ±2,329 square feet of ground-floor retail. The concept demonstrates an efficient residential layout with park-under parking and strong alignment with Midtown’s existing development patterns. Midtown Detroit is anchored by Wayne State University, the Detroit Medical Center, the Detroit Institute of Arts, and the Detroit Symphony Orchestra, and is home to some of the city’s most celebrated restaurants including Selden Standard, SheWolf, and Mad Nice. The district continues to experience strong residential demand driven by its walkability, cultural institutions, and proximity to Downtown Detroit. This offering represents a compelling opportunity to develop new mixed-use housing in one of Detroit’s strongest and most established residential markets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Midtown Detroit Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

SD-2

APN/PARCEL ID

02-002231

ASK ABOUT THIS PROPERTY

Michael ScamardellaLino Realty, Inc.More Info
586-263-5111

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Michael ScamardellaLino Realty, Inc.More Info
586-263-5111

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