Art Deco Mixed-Use
For Sale
Contact for pricing
2233 Park Ave, Detroit, MI 48201
Renovated in 2009, this 8-story building offers luxury apartments, office suites, and first-floor restaurant and bar space.
Property Size33,480 SF
Days on Market48
Property Features for 2233 Park Ave
General Information
Standard status
Active
Size
33,480 SF
Class
Trophy
Total Parking Spaces
2
Property subtype
Multifamily, Retail
Zoning
B5
Additional Details
Cap Rate
5.25%
Multifamily Units
12
Building Details
Building Size
33,480 SF
Year Renovated
2009
Stories
8
Tenancy
Multi
Listing Agency:
L. Mason Capitani, Inc.
(248) 637-7791
Listed By:
Al Iafrate · License #MI 6502352325
(248) 637-7791
Source:
Cpix.resimplifi
Added: Jul 8
Changed: Aug 14
Last Checked: Aug 24 at 3:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Mason Capitani, Inc.
Investment Insights
Based on property information with market context.
Built in the 1920s and renovated in 2009, this Art Deco mixed-use building features 8 stories plus a basement. The property includes 11 luxury rental apartments and one luxury penthouse apartment with a rooftop garden and wet bar, along with office suites. Two first-floor commercial spaces are operated as a restaurant and bar, with long-term tenancy noted for the commercial component. A 2-car tandem garage is also included.
The offering is described as being suitable for residential, office, or commercial use, supported by multiple-use zoning. This combination of residential units, dedicated office space, and ground-floor restaurant and bar use provides a flexible configuration within a single historic landmark structure.
The offering is described as being suitable for residential, office, or commercial use, supported by multiple-use zoning. This combination of residential units, dedicated office space, and ground-floor restaurant and bar use provides a flexible configuration within a single historic landmark structure.
Key Highlights
- Renovated in 2009, the Iodent Loft Building is an 8‑story Art Deco mixed‑use property with historic character
- 11 luxury rental apartments plus 1 penthouse apartment, featuring a rooftop enclosure
- Penthouse includes a rooftop garden and wet bar
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,594
Businesses Nearby
Explore this area
Business Placement
Demographics for 48201, MI
14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated in 2009, this 8-story building offers luxury apartments, office suites, and first-floor restaurant and bar space.
Where is this apartment building located?
The property is located at 2233 Park Ave Detroit, MI.
What are key features of this property?
This property features: Renovated in 2009, the Iodent Loft Building is an 8‑story Art Deco mixed‑use property with historic character; 11 luxury rental apartments plus 1 penthouse apartment, featuring a rooftop enclosure; Penthouse includes a rooftop garden and wet bar
