8411 E Forest Ave - Schools FOR SALE


Detroit, MI 48214- East Side
$985,000 USD
248-266-2566
8411 E Forest Ave, Detroit, MI for Sale
$985,000 USD
Schools - FOR SALE
1/35
null | Request Cap Rate

8411 E Forest Ave
Detroit, MI 48214
East Side


HIGHLIGHTS

  • Surrounded by a rejuvenated 18-acre Pingree Park, just a short bike ride from the scenic Belle Isle State Park
  • Tons of Natural Light From Oversized Windows
  • 4 miles to Downtown, 4 miles to Riverwalk, 3.7 miles to Midtown

OVERVIEW

Unlock the extraordinary potential of Hillger School at 8411 E Forest Ave, a century old gem from 1912. With 30,000 sq ft spread over three floors, this iconic property is nestled on a sprawling 1-acre lot in the middle of Detroit’s vibrant Pingree Park and offers endless possibilities. Transform the space into lively residences, a bustling creative hub, or a thriving educational or community center, all with generous on-site parking options. Imagine being surrounded by a rejuvenated 18-acre park, just a short bike ride from the scenic Belle Isle State Park. Enjoy the culinary delights of Marrow restaurant and the cozy charm of Red Hook cafe in nearby West Village. Plus, the award-winning Detroit Riverwalk is just 3 miles away, offering stunning views and recreational activities. Downtown Detroit, with its dynamic business scene and rich cultural attractions, is a mere 4 miles away. Midtown, bustling with campus energy and business activities, is only 3 miles away. Nestled near the Historic Indian Village and the vibrant artistic hub of Little Village, this area is undergoing a renaissance, with revitalized housing stock significantly boosting its value. Discover the excitement of the area while enjoying a drink at Collect beer bar and Two Birds bar. Explore boutique shops and anticipate more amenities opening in the next couple of years in Little Village. Priced at $985K, this is your golden opportunity to shape a piece of history and create a landmark that stands the test of time in the heart of Detroit, a city known for its rich history, vibrant arts scene, and resilient spirit. Seller is also the listing agent

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

NEZ

APN/PARCEL ID

17-006709-001

ASK ABOUT THIS PROPERTY

Vadim OssHebe, LLCMore Info
248-266-2566

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Vadim OssHebe, LLCMore Info
248-266-2566

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