450 ELIOT ST $1,800,000

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    450 ELIOT ST Detroit, MI 48201

    • 19,257 sq. ft.
    • 0.22 Acres
    • Commercial
    • MLS# 40063313
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    Views: 49 Days On Site: 424

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    Property Details

    We are pleased to present the sale of this Brush Park redevelopment opportunity consisting of two buildings for a total of 19,257 SF and a total lot size of .46 acres. The site is at street numbers 434 Eliot Street, 450 Eliot & and 461 Eliot Street in the rapidly expanding neighborhood of Brush Park. This Brush Park redevelopment opportunity is ideal for residential, office, or mixed-use. 450 Eliot Street is a 14,353 SF brick building that features a courtyard that acts as a lightwell for interior residential or office units. 461 Eliot Street is a 4,903 SF brick A-frame style former church providing interesting and creative design concepts. 434 Eliot Street is a 4,340 SF parking lot. With its vastly convenient location, local draws, and entertainment, along with the combination of a robust residential marketplace with condo sales above $400/SF, this opportunity represents an outstanding development opportunity poised to take advantage of neighborhood upside potential. Opportunity Zone.

    • General Features
      • Acreage 0.22
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision MILLER & WILCOXS SUB (PLATS)
      • Waterfront Y/N No
      • Year Built 1900
      • ZONING Multi-Family,Professional Office,Commercial,Residential
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Lot Size 96.00X105.00
      • Roads Class A, Class B, Class C, Class D
      • Sewer Septic Public Sanitary

    Contact

    Sean Franulic

    Sean Franulic

    Sales Associate

    RE/MAX Platinum

    Cell: 313-213-3724

    Neighborhood

    48201 (Detroit) Demographics

    31 Median Age
    7,005 Population Density (per sq. mile)
    34% College Educated
    $13,964 Estimated Median Income
    585 Estimated Total Home Owners
    7,110 Estimated Total Renters
    8% / 92% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    14,045 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $325,000 Median Sales Price
    3 Homes Sold
    16 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        6/1/2021 8:05:17 PM Status Changed Source: Multiple Listing Service New Value: Active
        4/7/2021 8:05:21 PM Status Changed Source: Multiple Listing Service New Value: Pending
        6/6/2020 11:37:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.