644 Selden StDetroit, MI 48201
- Other commercial real estate
- 18,655 SF
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
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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