Detroit, MI 48216,2300 17TH Street

$1,500,000

$1,700,000

11.8%
Est.Price: ?

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Est. payment /mo

0.41 Acres Lot


SOLD DATE : 07/28/2023

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Subdivision Sub Of Pc 473 (Deeds Also P559)

MLS Listing ID 20221053866

Sold Date 07/28/23

Originating Board Realcomp II Ltd

Year Built 1872

Annual Tax Amount $450

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 50.00 x 103.00

Property Description

We are pleased to offer this exceptional redevelopment opportunity consisting of three buildings directly adjacent to Ford's Michigan Central Station - the centerpiece of Ford's 30-acre walkable community. The campus is part of its plan to reshape the future of global mobility by bringing together partners, regional assets and innovators. This three-building portfolio offers a rare opportunity for developers to advance alongside Ford. Laying the creative groundwork for forthcoming development, Assemble Sound started the stabilization and visionary planning of the buildings (including a new roof on the church). The portfolio consists of the 6,100-square-foot church building, a 4,135-square-foot school building, a 3,260-square-foot house, and a 2,590-square-foot buildable lot, as well as half the alleyway which has been vacated. The church was originally constructed in 1872 as St. Paul's German Evangelical with a campus that contained the main sanctuary and the adjacent school and rectory buildings. In the 1950s, the church was sold to the House of Israel, who operated on the campus until selling the Sanctuary as a standalone building to La Iglesia de Jesus Christo in the early 1980s. Featuring a striking nave with plenty of in-tact details, the building is a great opportunity for food and beverage use, event venue or creative office. The school building was built alongside the church in 1872 and features copious amounts of original brick and woodwork detail. Benefiting from this extremely convenient and desirable location, this building could be redeveloped into one to four residential units or as a creative office building. Built alongside the church this historic house features incredible original brick and woodwork inside and out, providing a project full of architectural detail and potential. This building could be redeveloped into a standalone or multiple residential units.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Commercial,Multi-Family

Direction .

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W10I006601S001

Ownership Short Sale - No,Private Owned

Assessment Amount $450

Acceptable Financing Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)

Listing Terms Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)

Financing Cash,Contract,Conventional,Owner May Carry(Purchase Money Mortgage)

Special Listing Condition Full Service

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Realcomp MLS
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC
Bought with Non-Mls
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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