2463 Ferry Park Street
Detroit, MI 48208

Description

Redevelopment opportunity in transitioning area close to major freeways and Henry Ford Hospital. Corner 2 story brick building may provide for live/work, retail, office or restaurant redevelopment. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions.

Details

MLS#218077661
StyleRetail
Sub-TypeResale
StatusActive
Year1950
Days On Site306

Features

SQ Feet3,600
Story(s)1
ZoningCommercial,Office,Residential

Market Activity 48208

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48208
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48208)
Price:
$29,900
low | high
Med:
$72,500
92.47491638796% of Average
SqFt:
3,600
low | high
Med:
453
100% of Average
$ / SqFt:
$8
low | high
Med:
$41
100% of Average
On Site:
306
low | high
Med:
111.500000
100% of Average
Listing Updated: 06/17/2019
MLS Number: 218077661
Listing Provided By:
James Bufalino  of  Premier Property Services LLC
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