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Arterra Realty - The fastest growing real estate company in Michigan

  • Price$4,150,000
  • SQ. Feet22,000
  • Acres0.21
  • Built1926

1627 W Lafayette Blvd, Detroit

We are is pleased to offer 1627 West Lafayette Boulevard, a prime located development opportunity in Corktown, Detroit. 1627 West Lafayette consists of a 19,000 SF architecturally significant all brick building, built in 1926 with approved plans to build a 7 story building. Approval for special use permit of residential and commercial use. Existing 12 year tax freeze starting in 2018 with the OPRA tax credit (includes addition of 5 stories). The portfolio also includes 1551 West Lafayette, a 16,000 SF lot with an existing 2,000 SF building and 1626 West Fort Street, a 6,175 lot. Building Highlights: Opportunity Zone , Plans for 7 Story Development, 12 Year OPRA Tax Credit

Essential Information

  • MLS® #219018377
  • Price$4,150,000
  • Total Sq. Ft22,000
  • Acres0.21
  • Year Built1926
  • TypeCommercial
  • Sub-TypeApartments, Commercial, Industrial, Real Estate Only
  • StatusActive

Interior

  • HeatingOther

School Information

  • DistrictDetroit

Listing Details

  • Listing OfficeO'Connor Realty

Community Information

  • Address1627 W Lafayette Blvd
  • Area05101-Det South Of Grand River
  • SubdivisionWOODBRIDGE FARM AS DIVIDED BY CMRS (ALSO P147 PLT)
  • CityDetroit
  • CountyWayne
  • StateMI
  • Zip Code48216

Exterior

  • ExteriorBrick
  • FoundationBasement

Additional Information

  • ZoningCommercial, Multiple, Office, Residential
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