5842 Trumbull St - Commercial LAND FOR SALE


Detroit, MI 48208- Rosa Parks119,354 SF
$7,350,000 USD
313-363-1123
5842 Trumbull St, Detroit, MI for Sale
$7,350,000 USD
Commercial LAND - FOR SALE
1/9
119,354 SF

5842 Trumbull St
Detroit, MI 48208
Rosa Parks


HIGHLIGHTS

  • Henry Ford Hospital and Wayne State University book end this full city block. Easy access from both I-94 and M-10 (The Lodge Freeway).

OVERVIEW

GENERATIONAL OPPORTUNITY - INSTITUITIONAL GRADE REAL ESTATE OPPORTUNITY Be part of the largest Urban hospital neighborhood development in the AMERICA. Henry Ford Hospital, Wayne State University bookend and surround this 2.74 Acre parcel. Henry Ford Hospital, Michigan State University, Detroit Pistons, Dan Gilbert Foundation, the famed Motown Museum is Expanding, Cardinal Health are all neighboring properties. Don't miss this institutional opportunity. Details: With the recently announced $3+B Expansion in the the immediate neighborhood to the North and East. The Motown Museum is also undergoing a major expansion, and they are one of the top tourist attraction just to the North West. This all adds up to the most attractive new growth neighborhood in all of Detroit, including Michigan, the Midwest and America. MANY USES POSSIBLE 1. Hotel 2. Medical office, 3. Medical Clinics, 4. Hospital Use 5. Research Facilities 6. Storage 7. Medical treatment facility/outpatient. 8. Many other uses can be imagined and built on this location. PAST USE: 8 story building was the last use. This PROPERTY is poised for the next legacy build, in the most exciting and untapped part of Detroit. Detroit is classified as "investment grade "Baa2" by Moody's international in a recent 2 grade upgrade. Making Detroit "Investment Grade".

FOR SALE DETAILS

PRICE

$7,350,000 USD

PRICE/ACRE

$2,682,491/AC

PRICE/SF

$62 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Henry Ford Hospital area- Trophy EDs and MEDs

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Health Care, Hold for Development, Hospital, Hotel, Industrial Park, Medical, Strip Center

LAND ACRES

2.74 AC

LAND SF

119,354 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

M-4

APN/PARCEL ID

06-006055-001

ASK ABOUT THIS PROPERTY

Chadd FoxDetroit Land Company, LLCMore Info
313-363-1123

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Chadd FoxDetroit Land Company, LLCMore Info
313-363-1123

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