4777 E Outer Dr - Hospitals FOR SALE
Detroit, MI 48234 |
4777 E Outer Dr
Detroit, MI 48234
HIGHLIGHTS
- Unlock the potential of this 13.36-acre former hospital property, perfect for redevelopment with advantageous zoning.
- Strategically located just 20 minutes northeast of Downtown Detroit with key access by E 8 Mile Road near Interstate 94.
- Numerous uses are permitted under the R-5 zoning designation, including apartments, assisted living, schools, medical clinics, and more.
- Highly visible location on Outer Drive, which sees over 16,900 vehicles per day, with additional frontage on Conner Street.
- This area of Detroit has experienced rapid growth over the past five years, with a 3% population increase within a 2-mile radius.
- Please contact broker to schedule tour!
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lender Owned Redevelopment Opportunity
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Hospitals
TOTAL BUILDING SIZE
340671
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
917
LAND DETAILS
LAND ACRES
13.36 AC AC
LAND SF
581,962 SF
ZONING
-
APN/PARCEL ID
17-01-635-00-03L
