1627 W Lafayette Blvd, Detroit

$3,850,000

0 Beds
0 Baths
22,000 Sqft
0 Acres
0 Garages

We are is pleased to offer 1627 West Lafayette Boulevard, a prime located development opportunity in Corktown, Detroit. 1627 West Lafayette consists of a 19,000 SF architecturally significant all brick building, built in 1926 with approved plans to build a 7 story building. Approval for special use permit of residential and commercial use. Existing 12 year tax freeze starting in 2018 with the OPRA tax credit (includes addition of 5 stories). The portfolio also includes 1551 West Lafayette, a 16,000 SF lot with an existing 2,000 SF building and 1626 West Fort Street, a 6,175 lot. Building Highlights: Opportunity Zone , Plans for 7 Story Development, 12 Year OPRA Tax Credit

Essential Information
MLS® #219119469
Price$3,850,000
Square Footage22,000
Acres0.00
Year Built1926
TypeCommercial
Sub-TypeCommercial
StatusActive
Community Information
Address1627 W Lafayette Blvd
Area05101-Det South Of Grand River
SubdivisionWOODBRIDGE FARM SUB
CityDetroit
CountyWayne
StateMI
Zip Code48216
Interior
HeatingForced Air
Exterior
ExteriorBrick
FoundationSlab
School Information
DistrictDetroit
Zoning

Commercial, Light Industry, Multi-Family, Office

Listing Details
OfficeO'Connor Realty
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