Property Showcase

1250 Library STDetroit, MI 48226

$14,995,000
Commercial
  • Sqft:30,000
  • Lot:30X100
  • MLS#: 2200070137
42.334625244140625-83.046836853027344
Provided through IDX through Realcomp II Ltd. Courtesy of @Properties Detroit Copyright 2019 Realcomp II Ltd. Shareholders

Description:

Library Street Lofts prime location makes this an amazing opportunity to be centered in the heart of Detroit’s bright future, right across from the future Hudson’s site! This is a 30,000 sq ft mixed use building with 12 units of large loft apartments & commercial space with unused 2,500 sq ft storage & 5,000 sq ft basement space providing additional rentable sq ft. Direct building access to The Belt alley out back! True loft vibes add tons of character throughout: exposed brick & duct work, high ceilings and original maple floors. The giant light-filled front windows overlook a booming street of development. The location couldn’t be better with all that surrounds- the Q-line, Mo-Go bikes and dozens of restaurants, coffee shops, parks, venues, stadiums, casinos and more! ( Additional MLS Data: Summer Tax: $15359, Winter Tax: $1444 )

Main Features:

Year Built 1920 School District Detroit
County Wayne Taxes $16,803.00
Rental Price $0 Units 12
Zoning Commercial,Multi-Family,Office

Additional Features:

Business Type OFFICE
RESIDENTIAL
RETAIL
Certified Legal Rental Yes
Construction Brick
Financing Cash
Conventional
Warranty Deed
Foundation Basement
Brick
Heating Forced Air
Natural Gas
Inventory List(s) Available No
Land Contract No
Levels 4-10 Story
Lock Box Appointment
Ownership Private Owned
Short Sale - No
Plant Heating Forced Air
Possession At Close
Restrictions No
Road Frontage Paved
Roof Other
Settlement City
Sewer Sewer-Sanitary
Short Sale No
Title Private - Owned
Transaction Type Sale
Type Apartments
Commercial
Water Heater Natural Gas
Water Source Municipal Water
Zoning Commercial
Multi-Family
Office
Residential

Extra Features:

Gross Income 462780.00 Legal Description NE LIBRARY N 1/2 OF 60 S 20.65 FT 61 PLAT OF SEC 7 GOVERNOR & JUDGES PLAN L34 P544 DEEDS, W C R 1/9 53.47 X 100
List Type (Exclusive) Exclusive Right to Sell MLSSystem ID Realcomp II Ltd
Net Operating Income 408480.00 SQFT Source Estimated
Square Footage Total 30000 Tax ID W01I004000S
Unit 1 Bed Total Units 3 Unit 2 Bed Total Units 6
Unit 3 Bed Total Units 1

Debbie Horner is licensed in the State of Michigan.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Realcomp. IDX information is provided exclusively for 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. Real estate listings held by brokerage firms other than Debbie Horner, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2021 Realcomp. All Rights Reserved.
Last Updated On: 4/11/2021 2:10:28 PM

1250 Library ST, Detroit, MI 48226

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Debbie Horner is licensed in the State of Michigan.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Realcomp. IDX information is provided exclusively for 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. Real estate listings held by brokerage firms other than Debbie Horner, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2021 Realcomp. All Rights Reserved.
Last Updated On: 4/11/2021 2:10:28 PM

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