Charlevoix Street

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30614232
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Sale Price: $2,350,000
Unit Price: $117.50 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2021

Overview / Comments

This well maintained 5 story loft building is located adjacent to Detroit's famous Eastern Market and 1.5 miles from downtown Detroit. This building is in great condition and includes 2 fenced lots on the side of the building, providing 4200 sq ft of surface parking, is ready for either a single occupant or a developer who is looking to create office/retail space and/or residential lofts. Each floor has over 4000 sq. feet of open space, high ceilings, and hardwood floors. The building's elevator and fire suppression system were installed in 2001, and a new roof in 2016. Also, the 4th floor has open concept office space. In addition, there are 3 contiguous lots directly across the street totaling over 9,975 sq ft, and 3 contiguous lots directly behind the building, totaling over 9,834 sq ft., can be negotiated and included. These 6 lots are ready to be developed into new residential or commercial units and ideal for a buyer seeking an opportunity.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: W11I001188S
Number of Stories: 5
Typical SF / Floor: 4,000 SF
Roof Type: Flat
Construction/Siding: Brick

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,869 108,782 317,455
Median Age: 40.76 38.76 35.12
Households: 8,419 49,750 122,630


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.