1450 McKinstry St - Portfolio Sale Specialty FOR SALE


Detroit, MI - Mexicantown
$975,000 USD
248-563-0739
, Detroit, MI for Sale
$975,000 USD
Specialty - FOR SALE
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1450 McKinstry St - Portfolio Sale
Detroit, MI
Mexicantown


HIGHLIGHTS

  • 21,400 SF School Building / 6,600 SF Church
  • R2 Zoning District / “Build More Housing” initiative
  • Immediate proximity to Clark Park / Walkable neighborhood environment
  • Access to I-75 (Fisher Freeway) / Public transportation accessibility
  • Strategic Southwest Detroit Location
  • Historic Character & Architectural Appeal / Durable Existing Construction

OVERVIEW

McKinstry Campus Portfolio 1444 & 1450 McKinstry Street | Detroit, Michigan Adaptive Reuse / Redevelopment Opportunity ________________________________________ NAI Farbman is pleased to offer the potential acquisition of the McKinstry Campus Portfolio located at 1444 and 1450 McKinstry Street, Detroit, Michigan (the “Property” or “Portfolio”). EXECUTIVE SUMMARY Rare Adaptive Reuse Campus in Southwest Detroit The McKinstry Campus Portfolio presents a rare opportunity to acquire a historic institutional campus in the heart of Southwest Detroit’s vibrant Latino community. The offering consists of two architecturally significant buildings totaling approximately 28,000 square feet situated on approximately 0.60 acres within a Qualified Opportunity Zone. The Portfolio includes: Property Address Approx. SF Use School Building 1450 McKinstry St 21,400 SF Former School Church Building 1444 McKinstry St 6,600 SF Former Church The campus benefits from strategic proximity to Clark Park, major transportation corridors including I-75 (Fisher Freeway), strong pedestrian activity, and an established neighborhood identity. The properties are located within an R2 zoning district aligned with Detroit’s broader “Build More Housing” initiative, potentially supporting a range of adaptive reuse and redevelopment concepts. The existing structures provide immediate value through their historic character, flexible layouts, durable brick construction, and ability to support phased redevelopment strategies. ________________________________________ INVESTMENT HIGHLIGHTS • Institutional-Scale Urban Campus o Rare opportunity to acquire an approximately 28,000 SF multi-building campus in a dense urban neighborhood with significant adaptive reuse potential. • Qualified Opportunity Zone Location o The Property resides within a federally designated Qualified Opportunity Zone, potentially offering substantial tax advantages to investors and developers. • Flexible Redevelopment Potential o The campus configuration supports multiple redevelopment scenarios including residential conversion, mixed-use redevelopment, educational reuse, nonprofit occupancy, arts and cultural programming, or event-driven concepts. • Strategic Southwest Detroit Location o Situated in the center of Detroit’s established Latino community near Clark Park, the Property benefits from strong neighborhood identity, active pedestrian traffic, and excellent connectivity. • Historic Character & Architectural Appeal o The church features stained glass, historic detailing, and sanctuary architecture, while the school building contains unique amenities including an auditorium, stage, and lower-level bowling alley. • Durable Existing Construction o The buildings appear structurally sound with limited tuckpointing needs and substantial masonry construction supporting long-term durability. • Phased Redevelopment Opportunity o The dual-building campus allows users or developers to reposition the assets incrementally, reducing redevelopment execution risk. OFFERING SUMMARY Item Details Portfolio Price $975,000 School Building Price $650,000 Church Building Price $400,000 Offering Type Portfolio Sale Preferred Alternative Structure Individual Asset Sales Considered Lease Rate Guidance Approx. $7.00/SF Gross Zoning R2 District Opportunity Zone Yes Buildings 2 Total Building Area Approx. 28,200 SF Site Area Approx. 0.60 Acres

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Wendy AchoNAI FarbmanMore Info
248-563-0739

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Wendy AchoNAI FarbmanMore Info
248-563-0739

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