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  • Price$4,150,000
  • SQ. Feet22,000
  • Acres0.21
  • Built1926

1627 W Lafayette Blvd, Detroit

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

Essential Information

  • MLS® #21577638
  • Price$4,150,000
  • Square Footage22,000
  • Acres0.21
  • Year Built1926
  • TypeCommercial
  • Sub-TypeCommercial/Industrial
  • StatusActive
  • Source MLSMiRealSource
  • Originating MLSRealComp

Interior

  • HeatingOther-See Remarks

Additional Information

  • ZoningProfessional Office, Commercial, Residential, Mixed Use

Community Information

  • Address1627 W Lafayette Blvd
  • AreaDetroit (South of Grand River)
  • SubdivisionWoodbridge Farm As Divided By Cmrs (also P147 Plt)
  • CityDetroit
  • CountyWayne
  • StateMichigan
  • Zip Code48216-1927

Exterior

  • ConstructionBrick
  • FoundationBasement

Listing Details

  • Listing OfficeO'Connor Realty
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the RealComp shown on the property listing, as the Originating MLS.

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Listing information last updated on June 24th, 2019 at 9:14pm EDT.