3111 Elmwood StDetroit, MI 48207

Property Details for 3111 Elmwood St

Lot size

0.17 AC

Zone code

R2

Property type

Commercial real estate

APN

13010581.

APU

13010581

Description

This exceptional 13,300 square foot former elementary school presents a unique redevelopment opportunity in Wayne County. The single-tenant building, last occupied in the 2019-20 school year by a charter school, boasts eight classrooms, a two-story administrative area within the entryway, and a sizable multi-purpose room centrally located. The layout is well-suited for a variety of adaptive reuse projects, offering significant potential for conversion into various commercial or community spaces. The property also includes two outdoor playgrounds, providing ample space for recreational activities or expansion, and secure gated parking for enhanced safety and convenience. Situated conveniently near Gratiot Avenue, this property benefits from excellent visibility and accessibility. The building's substantial size and versatile floor plan offer a blank canvas for creative entrepreneurs and developers seeking a unique and impactful investment. Its previous use as a school suggests strong structural integrity and established infrastructure, minimizing potential renovation costs. This is a rare chance to acquire a substantial property with significant potential in a desirable location. The property is ready for its next chapter, offering a compelling opportunity for a discerning investor.

• Alternative Use

  Use

  Valuation

  Residential

  $1,587,756

  Hospitality

  $1,454,376

  Educational

  $1,210,024

  Medical

  $1,251,638

  Retail

  $1,882,259

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3565

Longitude

-83.0259

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].