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$ 3,250,000
Est. payment | /mo
21,042 SqFt
$ 3,250,000
Est. payment | /mo
21,042 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 21,042 sqft
Price per Sqft $154
MLS Listing ID 20261091112
Year Built 1926
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type RealEstateOnly
Property Description
O'Connor Real Estate is pleased to present the Park Shelton Shops in Midtown Detroit. Located within blocks of Wayne State University, the College for Creative Studies, and the Detroit Institute of Arts, this is an opportunity for investors to acquire a stabilized landmark property with a strong tenant mix.
Located on Woodward Avenue across from one of America's finest museums, the property offers exceptional exposure and accessibility. With 228 residential units in the building, there's a built-in customer base for new businesses. Retaining their historic charm, the spaces are outfitted with modern finishes for a seamless blend of old and new. The sale also includes 67 covered parking spaces in the attached garage
Located on Woodward Avenue across from one of America's finest museums, the property offers exceptional exposure and accessibility. With 228 residential units in the building, there's a built-in customer base for new businesses. Retaining their historic charm, the spaces are outfitted with modern finishes for a seamless blend of old and new. The sale also includes 67 covered parking spaces in the attached garage
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Fireplace No
Exterior
Parking Features Garage
View Y/N No
Garage true
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC