1385 Maple St Detroit, MI 48207-2757
- Industrial properties
- 0.23 lot acres
Current Use by Public Records
- Maple Substation / Electrical Substation
Property Details for 1385 Maple St
- Lot size
- 0.23 lot acres
- Zone code
- M3
- Property type
- Industrial properties
- APN
- 05000622.
- APU
- 5000622
Description
This unique 8,333 square foot warehouse, situated on a 10,065 square foot lot (.23 acres), presents a compelling redevelopment opportunity. Located in Detroit, Michigan, at 1385 Maple St, 48207, this property boasts a prime location in the Eastern Market area, just outside of Downtown Detroit. The building, constructed in 1953, is a former Public Lighting Authority substation and features a single story with additional square footage in the basement. The property is zoned M3, offering flexibility for various development projects. This is a particularly attractive investment due to its proximity to a proposed $65 million mixed-use development, promising significant future growth and value appreciation. The asking price is $420,000, translating to $50.40 per square foot. Please note that showings will not be scheduled until after August 18, 2024. This is a rare chance to acquire a substantial property in a rapidly developing area of Detroit.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0386
- Latitude
- 42.3421
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
