2751 E - 2725 Detroit, MI 48207
- Office Properties & Spaces
- 73,308 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2751 E - 2725
- Year built
- 1929
- Property size
- 73,308 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
Exceptional redevelopment opportunity in Detroit's Central Business District. This five-story, 73,308 square foot vacant creative office building, built in 1929, presents a unique chance to create a mixed-use development. The existing structure offers potential for up to 48 residential condominium units (1,000 sq ft each, adaptable to different sizes), while a new rooftop level could add four more luxury condos (approx. 2,000 sq ft each) with stunning river and downtown views. The building's prime location directly on the Dennis Archer Greenway provides easy access to the Detroit Riverfront, parks, and greenways. Its proximity to the Dequindre Cut, Downtown Detroit, Midtown, and a new Meijer grocery store enhances its appeal. The redevelopment plan includes high-end amenities such as a gym and lobby, along with rentable meeting rooms and a coffee shop on the ground floor. The property includes 50 parking spaces and is offered at $10,995,000 ($159.61/sq ft) with a NNN lease type. This is a chance to create a vibrant live/work/play environment in a thriving urban setting. The building features an elevator. Total land area includes 16,117 sq ft plus an additional 23,851 sq ft parking lot.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0206
- Latitude
- 42.3396
