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    623 Cass Ave Detroit, MI 48226
    Property profile & analytics

    623 Cass Ave, Detroit, MI 48226

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    • Warehouses
    • 96,600 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 623 Cass Ave

    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 96,600 square foot, seven-story building presents a unique redevelopment opportunity in the heart of Detroit's Central Business District. Located at 623 Cass Avenue, this property boasts a prime location within six blocks of Campus Martius Park, offering unparalleled access to the city's vibrant amenities and bustling activity. Currently zoned PCA (Public Center Adjacent), the building's adaptable layout and substantial square footage allow for a wide range of development possibilities. Imagine transforming this loft-style brick and beam structure into a modern apartment complex, a stylish boutique hotel, contemporary office spaces, secure storage facilities, or a dynamic mixed-use development. The building's existing character provides a strong foundation for a creative and lucrative project. The asking price for this significant investment opportunity is $4,500,000. This property is classified as both retail and industrial, currently operating as a storefront and warehouse, making it suitable for a variety of uses. Its central location in Wayne County, Michigan, zip code 48226, ensures high visibility and accessibility. The building's substantial size and prime location make it an ideal candidate for a transformative project that will contribute to the ongoing revitalization of Downtown Detroit. Detailed plans and specifications are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0504
    Latitude
    42.3287
    More about this property
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