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12130 Woodrow Wilson

 Detroit, MI 48206
Active
Status
$180,000
Listing Price
6
Beds
6.75
Baths
6,000 Sq. Ft.
$30/Sq. Ft.
 

OVERVIEW

Development opportunity - Commercial building close to Boston Edison

This property consists of 3 Commercial units and 3 residential units - directly adjacent to the Detroit tiny home community and a stones throw away from the Detroit Job Corp (large population of live in students, visiting students and families coming to visit https://www.jobcorps.gov/center/detroit-job-corps-center) and minutes away from the Boston Edison district.

2 Floors consisting of approximately 6200 sq ft and 3000 sq ft+ basement spanning the entire building.

We had plans for vegan fast food (serving the local businesses and institutions as well as from word of mouth/facebook page patrons coming in directly off the freeway, heading downtown) in addition to renting a second retail space and operating a hostel or Airbnb rentals from the apartments above.

Artists renderings we completed along with basic floor plans. Nothing has happened after that.

Please be advised that Google street view is inaccurate in terms of how the neighborhood looks and feels, there have been massive changes in the area, please go and see for yourself.

The property requires work. Structurally there are no issues. The roof is solid with one or two small leaks which need to be addressed. Electric, plumbing and cosmetics will need a complete redo. Interior demo is recommended

Offered tentatively at 180k. I will consider a project for operating accommodation, restaurants in partnership in the property with the right partner.
Days on Fizber:
75 Days
Source: Fizber.com
 

PROPERTY DETAILS:

PROPERTY BASIC INFORMATION:

Property Information:
  • Year Built:
    1922
  • Property Type:
    Commercial
  • Floors #:
    2
  • Architecture Style:
  • Total Units:
  • Bedrooms:
    6
  • Full Bathrooms:
    6
  • Partial Bathrooms:
    3
  • Living Square Footage:
    6000
  • Lot Square Footage:
    5000
   
 

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