A developer's opportunity for immediate cashflow + vacant land for redevelopment - in burgeoning Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: (1) Triangle-shaped vacant land to the north (1500 6th); (2) a brick 4-unit, occupied, newer roof and boiler, all electrical and plumbing updated, additional upside to finish a former basement apartment, and includes the vacated Labrosse St (1450 6th) and (3) vacant land to the south of the structure (1440 6th). This location is in close proximity to the restaurants lining Michigan Avenue and one mile to Ford's Michigan Central Innovation District. Half a block south on 6th street, two vacant office towers and multiple lots are being redeveloped into hotel, residential and retail. The offering is a half acre and combined under tax ID 06004564-743. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request. Located in an NEZ-New/Rehab district (property tax abatement), and an Opportunity Zone.
| MLS # | 61017112 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 75 |
| Listing Provided By | Berkshire Hathaway HomeServices The Loft Warehouse | Jan Dijkers |
| SQ Feet | 4,200 |
|---|---|
| Basement | Y |
| Zoning | Multi-Family,Commercial,Resident |
| Acreage | 0.42 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Hot Water |
| Appliances | Gas Water Heater |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
| List Aor | Real Comp |
|---|
| Property | 492 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48226 |
| Area | Detroit (82001) |
| Community Name | Labrosse Farm (Deeds) |
| Listing VS Median (in Labrosse Farm (Deeds)) | |
Price: $1,399,000 low | high Med: $1,399,000 sqft: 4,200 low | high Med: 4,200 $ / sqft: $333 low | high Med: $333 On site: 75 low | high Med: 93.5 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48226 |
| Area | Detroit (82001) |
| Community Name | Labrosse Farm (Deeds) |
| Listing VS Median (in Labrosse Farm (Deeds)) | |
Price: $1,399,000 low | high Med: $1,399,000 sqft: 4,200 low | high Med: 4,200 $ / sqft: $333 low | high Med: $333 On site: 75 low | high Med: 93.5 | |
![]() | $1,399,0001450 6th StreetDetroit, MI 48226 |
![]() | $1,399,0001450 6th Street PackageDetroit, MI 48226 |
![]() | $1,399,0001450 6th StreetDetroit, MI 48226 |