15255 Mayfield St Detroit, MI 48205
- Commercial real estate
- 13,216 SF
Current Use by Public Records
- Acadia Healthcare / Doctor
- Capstone Academy North-St. Jude's / School
Property Details for 15255 Mayfield St
- Property size
- 13,216 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 13,216 square foot, two-story multifamily building located at 15255 Mayfield St, Detroit, MI 48205. The property, formerly St. Jude Academy, offers significant potential for creative reuse. The building features 24 bedrooms, previously accommodating up to 36 students, and two large common restrooms. An additional below-grade floor adds to the substantial square footage. The property sits on a completely secured site, including a fenced outdoor parking area. Its prime location on Detroit's east side offers proximity to numerous residences and is conveniently situated across the street from Commemoration Park. The impeccably maintained structure presents a rare chance to acquire a substantial property with significant upside potential. The building's size and layout provide ample opportunity for various adaptive reuse scenarios, making it an attractive investment for discerning buyers seeking a unique and promising venture in a desirable Detroit location. The property's existing infrastructure and secure site contribute to its overall appeal and potential for a strong return on investment. This is a truly unique opportunity to acquire a substantial property in a rapidly developing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.964085692766
- Latitude
- 42.422415010186
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month9.9k
-
Visitors by month6.5k
-
Avg Time on site15 min