Address
1250 Library St Detroit, MI
Price
$ 14,995,000
Property Attributes
  • MLS#40096475
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48226
  • StyleCommercial/Industrial
  • Year Built1920
  • Taxes$ 16803
  • Price$ 14,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage30000
Listing Provided Courtesy Of:
@Properties Detroit
Data Source:
MiRealSource (MIRS) - 138 - MI
Property 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!

Price History
8/28/2020 Listed $15,999,900
4/9/2021 7% - $14,995,000

General Features

Class COM/IND/BUS OPP
Directions ONE BLOCK NORTH OF FARMER ST. NEAR WOODWARD AND E GRAND RIVER
Financial Terms Cash, Conventional
Heating Forced Air
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Other-See Remarks
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1920
Zoning Multi-Family, Professional Office, Commercial, Residential

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Basement
Frontage 20
Lot Dimensions 30X100
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48226

Price
AVG $2.42M
$15M
Taxes
AVG $9,539
$16,803
Visits
AVG 79
232
Year Built
AVG 1929
1920
Walkscore
AVG 84
97
Data Provided by Walkscore ® not using MLS data