Former Higginbotham Elementary School

Special Purpose for Sale
Catylist Listing ID: 30008564
Property Subtypes: School/University
Building Size (RSF): 61,400 SF
Gross Land Area: 5 Acres
Sale Price: $500,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/14/2017

Overview / Comments

- Attractive Mediterranean Style Elementary School
- Ideal for adaptive re-use
- Eligible for various tax credits
- Structurally sound
- Centrally located in stable neighborhood
- Ample Parking
- Several acres of develop-able adjacent land

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 16992575.00
Zoning: RESIDENTIAL
Property Visibility: Good
Largest Nearby Street: Chippewa Ave.
Site Description: Large 5 Acre Site
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 30,000 SF
Property Condition: Fair
Year Built: 1926
Year Renovated: 1946
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Attractive Mediterranean Style School
Parking Type: Surface
Zoning Description: Residential
Legal Description: E INDIANA 284 THRU 265 205 THRU 224 AND W 1/2 VAC WISCONSIN AVE ADJ AND VAC ALLEY ADJ DETROYAL GARDENS SUB L35 P77 PLATS, W C R 16/364 805 X 271

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,084 212,082 519,080
Median Age: 39.78 38.48 37.96
Households: 10,232 86,339 208,883
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