For Sale
$10,995,000

2751 E - 2725 Detroit, MI 48207

73,308 SF Creative Office, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional redevelopment opportunity in Detroit's Central Business District. This five-story, 73,308 square foot vacant creative office building, built in 1929, presents a unique chance to create a mixed-use development. The existing structure offers potential for up to 48 residential condominium units (1,000 sq ft each, adaptable to different sizes), while a new rooftop level could add four more luxury condos (approx. 2,000 sq ft each) with stunning river and downtown views. The building's prime location directly on the Dennis Archer Greenway provides easy access to the Detroit Riverfront, parks, and greenways. Its proximity to the Dequindre Cut, Downtown Detroit, Midtown, and a new Meijer grocery store enhances its appeal. The redevelopment plan includes high-end amenities such as a gym and lobby, along with rentable meeting rooms and a coffee shop on the ground floor. The property includes 50 parking spaces and is offered at $10,995,000 ($159.61/sq ft) with a NNN lease type. This is a chance to create a vibrant live/work/play environment in a thriving urban setting. The building features an elevator. Total land area includes 16,117 sq ft plus an additional 23,851 sq ft parking lot.

Highlights

  • 16,117 SF lot + 23,851 SF parking lot
  • Elevator
  • 73,308 SF vacant creative office building, five-story, built in 1929, in Detroit's Central Business District
  • Redevelopment opportunity: Potential for up to 48 residential condos (1,000 SF each) plus 4 rooftop luxury condos (approx. 2,000 SF each)
  • Prime location on Dennis Archer Greenway, near Detroit Riverfront, parks, Dequindre Cut, Midtown, and a new Meijer
  • 50 parking spaces, $10,995,000 ($159.61/SF), NNN lease.

Property Details for 2751 E - 2725

Property type
Office properties, Office space
Square Feet
73,308 SF
Year Built
1929
Stories
5

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.33956
Longitude
-83.0206259

FAQs

What type of property is this?
Office property - 73,308 SF Creative Office, Vacant
Where is the office property located?
The property is located at 2751 E - 2725 Detroit, MI.
What is the asking price?
The asking price for this property is $10,995,000.
What are key features of this property?
This property features: 16,117 SF lot + 23,851 SF parking lot; Elevator; 73,308 SF vacant creative office building, five-story, built in 1929, in Detroit's Central Business District
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2751 E - 2725
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