644 Selden StDetroit, MI 48201

Property Details for 644 Selden St

Year built

1927

Lot size

0.24 AC

Property size (Sq ft)

18,655 SF

Zone code

SD2

Property type

Commercial real estate

APN

04000777.

APU

4000777

Description

This exceptional mixed-use development, located on Selden Street in vibrant Midtown Detroit, offers a unique investment opportunity. The property comprises two buildings totaling 30,701 square feet, constructed in 1927 and extensively renovated in 2018. The buildings boast three stories and sit on a 0.59-acre lot, zoned SD2 in Wayne County. Multiple tenancy options are available, with spaces ranging from a minimum of 2,290 square feet to a maximum contiguous space of 7,589 square feet. Currently, 9,879 square feet are vacant. One building features an immaculate, turn-key restaurant space complete with fixtures, furniture, equipment, and a liquor license, offering 7,589 square feet. The second building offers a 2,290 square foot full brewing facility with a tap room. These spaces can be combined for a total of 9,879 square feet of contiguous space. This prime location in Midtown Detroit provides unparalleled access to a thriving community and offers significant potential for a variety of restaurant and bar concepts. The property's recent renovation ensures modern amenities and functionality, making it an ideal investment for discerning buyers seeking a turn-key operation or a blank canvas for a new venture. The property's history and location combine to create a truly unique and attractive opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $4,441,070

  Hospitality

  $4,067,997

  Educational

  $3,384,526

  Medical

  $3,500,925

  Retail

  $5,264,818

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3475

Longitude

-83.0656

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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