Property Listing No Longer Available for Sale

38 Hendrie, Detroit, MI

Multi-family for Sale - $4,000,000 - 25,800 Sq. Ft. on 0.33 acres


Property Info

CIMLS#1100504
Location
  38 Hendrie
  Detroit MI 48202
UpdatedAugust 25th, 2021
TypeMulti-family
Price$4,000,000
Building25,800 Sq. Ft.
Land0.33 acres

Property Description

38 Hendrie is an expansive two story historic brick building located in the heart of Midtown. This is an excellent redevelopment opportunity with favorable R6 zoning in Midtown. This building is comprised of (2) 12,900 square-foot floors with soaring 12 foot ceilings, exposed brick walls, tons of natural light, freight elevator, and a large bay door which allows for unlimited potential for developers. The property is located just east of Woodward with easy access to the Q-Line, I-94, shopping, restaurants, Wayne State University, the DIA and more. There are unlimited possibilities. Newer electrical service features (2) 200 Amp services, and a Newer Roof in 2008. Ground floor parking, Potential retail for large big box retailers with Expressway Signage on I-94. This building is in a perfect location, surrounded by substantial residential areas, retail, and other residential developments.


Financials