1385 Maple St Detroit, MI 48207

This unique 8,333 square foot warehouse, situated on a 10,065 square foot lot (.23 acres), presents a compelling redevelopment opportunity. Located in Detroit, Michigan, at 1385 Maple St, 48207, this property boasts a prime location in the Eastern Market area, just outside of Downtown Detroit. The building, constructed in 1953, is a former Public Lighting Authority substation and features a single story with additional square footage in the basement. The property is zoned M3, offering flexibility for various development projects. This is a particularly attractive investment due to its proximity to a proposed $65 million mixed-use development, promising significant future growth and value appreciation. The asking price is $420,000, translating to $50.40 per square foot. Please note that showings will not be scheduled until after August 18, 2024. This is a rare chance to acquire a substantial property in a rapidly developing area of Detroit.