NOT LISTED FOR SALE

Estimated Value: $1,427,566

Studio
-- Bath
45,050 Sq Ft
$32/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2026

Last sale price $1,425,000 $32 Per Sq Ft

Current estimated payment $8,620 / mo

301 Days on Market

About This Home

As of January 2026

Here is a superb, cash flowing redevelopment opportunity in Detroit’s North End. This 45k square foot, Two story building is completely overbuilt and made of concrete. You could go vertical and add more stories. Use your imagination. Excellent candidate for mixed use multi family development or condominium conversion. There is a reinforced ramp that allows for vehicles or heavy machinery to be driven to the Second floor. There is an adjacent .83 acre lot that is fenced in with a vacated alleyway that bisects the site. You can use this lot for parking, new construction or both. The North End neighborhood continues to thrive. Here is your chance to take on a big exciting project and be a part of Detroits continuing growth. Property Sold AS IS BATVAI

Last Agent to Sell the Property

Alex Lauer

Clyde Realty LLC License #6501387117 Listed on: 03/26/2025

Co-Listed By

Ben Ness

Clyde Realty LLC License #6501394137

Last Buyer's Agent

Alex Lauer

Clyde Realty LLC License #6501387117 Listed on: 03/26/2025

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Property Details

Property Type

  • Other

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2018

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 180.00 x 125.00
  • Zoning described as MultiFamily, Multiple

Home Design

  • 45,050 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Sewer in Street

Community Details

  • Bakers Hibbard Sub Lot 2 Of 1/4 Sec 57 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W03I001871S
  • $100 per year additional tax assessments

Property Details

Property Type

Other

Est. Annual Taxes

$10,283

Year Built

Built in 1928 | Remodeled in 2018

Lot Details

1.35 Acres

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1928
  • Current Use: MixedUse
  • State Equalized Value: 490900.00
  • Year Renovated: 2018
  • Property Sub Type: RealEstateOnly
  • LotSizeAcres: 1.35
  • Co List Office Mls Id: 431181
  • Co List Office Phone: 3139741830
  • Co List Office Mls Id: 431181
  • Above Grade Finished Sq Ft: 45050.00
  • Living Area: 45050.00
  • ClassName: CommercialSale
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Utilities

  • Sewer: SewerAtStreet
  • Water Source: WateratStreet
  • Green Building Features: Doors1620ft

Fee Information

  • Operating Expense: 12000.00

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Size Area: 1.35
  • Lot Dimensions: 180.00 x 125.00
  • Parcel Number: W03I001871S
  • Land Lease Expiration Date: 2027-02-27
  • Zoning Description: MultiFamily, Multiple

Tax Info

  • Tax Amount Summer: 9199.00
  • Tax Amount Winter: 1084.00
  • Tax Annual Amount: 10283.00
  • Tax Other Annual Assessment Amount: 100.00

Multi Family

  • Gross Scheduled Income: 81600.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Jan 21, 2026
Sold by
Bought by
Seller's Agent
Alex Lauer
Clyde Realty LLC
Buyer's Agent
Alex Lauer
Clyde Realty LLC
List Price
$2,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$1,075,000
-43%
Current Estimated Value
$1,427,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,566
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North End, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,425,000 None Listed On Document
-- Title One Inc
-- Chicago Title Of Michigan
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2026 01/22/26 Sold $1,425,000 -13.6% $32 / Sq Ft
08/21/2025 08/21/25 Price Changed $1,650,000 -8.3% $37 / Sq Ft
06/12/2025 06/12/25 Price Changed $1,800,000 -28.0% $40 / Sq Ft
03/26/2025 03/26/25 For Sale $2,500,000 -- $55 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,274 $528,600 $0 $0
2024 $9,199 $490,900 $0 $0
2023 $8,956 $449,700 $0 $0
2022 $9,677 $418,400 $0 $0
2021 $9,359 $377,400 $0 $0
2020 $13,510 $344,400 $0 $0
2019 $9,183 $274,200 $0 $0
2018 $7,817 $102,700 $0 $0
2017 $1,863 $102,700 $0 $0
2016 $8,757 $469,200 $0 $0
2015 $10,810 $108,100 $0 $0
2013 $11,500 $115,000 $0 $0
2010 -- $173,576 $11,250 $162,326
Source: Public Records

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Map

Source: Realcomp

MLS Number: 20250020442

Realcomp

APN: 03-001871

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