Located in the center of Highland Park, this is a unique and rare opportunity to redevelop a former hospital. Anchoring the corner of Highland and 3rd Ave, the 9-story brick structure offers multiple, different level floor plates, expanding 172,000 square feet across 1.7 acres of land. One of the tallest buildings in Highland Park, you have expansive 360-degree views, including the downtown Detroit skyline and New Center. The Urban Village / Mixed-Use Zoning allows for residential, commercial, civic and institutional uses. Building Features: Redevelopment Opportunity, Low Acquisition Costs $2.32/SF, Flexible zoning, Located 2 miles from New Center, Close proximity to the Lodge Freeway.
General Information
Sale Price: $400,000
Price/SqFt: $3
Status: Active
MLS#: rcomi20230043545
Originating MLS: Realcomp2
City: highland park
Post Office: highland park
Schools: highland park
County: Wayne
Acres: 1.72
Lot Dimensions: 340.3 x 219.8
Size: 141,600 sq.ft.
Acreage: 1.72 est.
Year Built: 1951
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $19,832 Est. Winter Taxes: $3,831
