1627 W Lafayette Boulevard, Detroit MI 48216 Photo 1 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 2 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 3 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 4 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 5 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 6 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 7 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 8 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 9 1627 W Lafayette Boulevard, Detroit MI 48216 Photo 10

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1627 W Lafayette Boulevard - We are is pleased to offer 1627 West Lafayette Boulevard, a prime located development opportunity in Corktown, Detroit. 1627 West Lafayette consists of a 19,000 SF architecturally significant all brick building, built in 1926 with approved plans to build a 7 story building. Approval for special use permit of residential and commercial use. Existing 12 year tax freeze starting in 2018 with the OPRA tax credit (includes addition of 5 stories). The portfolio also includes 1551 West Lafayette, a 16,000 SF lot with an existing 2,000 SF building and 1626 West Fort Street, a 6,175 lot. Building Highlights: Opportunity Zone , Plans for 7 Story Development, 12 Year OPRA Tax Credit

Listing information

  • MLS® ID: 219119469
  • Status: Active
  • Foreclosure: No
  • County: Wayne
  • Style: Commercial
  • Stories: 2
  • Total Square Footage: 22,000 ($175.00 per sq. foot)
  • School District: Detroit
  • Year Built: 1926
  • New Construction: No
  • Lot Size: 125x75x125x75
  • Subdivision: Woodbridge Farm Sub

Features

Architecture Level 2 Story
Commercial Type Commercial
Construction Materials Brick
Foundation Details Slab
Foundation Materials Brick
Heating Forced Air
Heating Fuel Natural Gas
Other Assessment - 0, Current Use - Vacant, Operating Expense - 0.00, Tax Amount Summer - 5610.0000, Tax Amount Winter - 737.2300
Ownership Status Private Owned, Short Sale - No
Road Frontage Type Class C
Sewer Sewer-Sanitary
Water Source Municipal Water
Zoning COMMERCIAL, Light Industrial, Multi-Family, Office
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Town & Country. Courtesy of O'connor Realty and Realcomp Ii Ltd. Copyright 2020 Realcomp II Ltd. Shareholders