467 Alexandrine St Detroit, MI 48201
- Commercial real estate
- 11,008 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 467 Alexandrine St
- Lot size
- 0.24 lot acres
- Property size
- 11,008 SF
- Property type
- Commercial real estate
Description
This exceptional 15-unit apartment building presents a compelling investment opportunity in Detroit's vibrant Midtown Historic District. The three-story property, totaling 11,008 square feet on a 0.24-acre lot, is situated at 467 W Alexandrine St, 48201, offering convenient access to downtown Detroit's landmarks and a wealth of lifestyle amenities. Currently, five of the fifteen units are occupied. Each unit features a one-bedroom, one-bathroom layout, complete with a living room, dining room, and kitchen. A full parking lot is located at the rear of the building. The property is zoned SD1 (Mixed Use), allowing for a variety of potential uses. The asking price is $1,225,000, translating to $111.28 per square foot and $81,666.67 per unit. This is an "as-is" sale, with the buyer responsible for all City of Detroit compliance, including obtaining necessary inspections, permits, and verifying zoning and building code guidelines. Proof of funds and pre-approved buyers are required. All provided data and measurements are approximate
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.064172313781
- Latitude
- 42.349008022001
