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2933 2ND Avenue

Detroit, MI 48201
  • $3,999,999
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 20240001555
UPDATED: 158 min ago
$3,999,999
  • 0
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 21,718
    SQFT
  • $184
    $/SQFT
Type:
Multi-Family
Built:
1924
County:
Zoning:
Commercial,Multi-Family
Lot Size Dimensions:
65.00 x 100.00

School Ratings & Info

School District:

Description

Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life! Needs new electrical and plumbing.

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T12:00:59.293.
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2933 2ND Avenue Detroit, MI 48201

  • Price: $3,999,999
  • Status: Active
  • On Site: 140 Days
  • Updated: 158 min ago
  • MLS #: 20240001555
0
Beds
2
Baths
0
½ Baths
0.15
Acres
21,718
SQFT
$184
$/SQFT
1924
Built
Neighborhood:
Pt Of Cass Farm Sub By J F Munro Sur
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life! Needs new electrical and plumbing.
Exterior Features

Architecture Level 4-10 Story Architecture Style Historic Construction Materials Brick Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 65.00 x 100.00 Pool YN No Road Frontage Feet 65 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type UnfinishedWalkout Access Basement YN Yes Baths Total 2.00 Fireplace YN No Heating Other Living Area Source Public Records Sq Ft Combined 21718 Sq Ft Total Basement 2200 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

Property Features

Assessment 0.00 Existing Lease YN No Gross Scheduled Income 0.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 90 days Settlement City Sewer 3rd Party Unknown Short Sale No Tax Amount Summer 511.0000 Tax Amount Winter 59.0000 Title Standard (Private) Total Tax 570.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2933 2ND Avenue Water Source None Zoning CommercialMulti-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Arterra Luxe Collection LLC: (248) 733-5893 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T12:00:59.293.
 
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