Historic Building on the Riverfront

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30393476
Property Subtypes: Mixed Use
Building Size (RSF): 18,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $4,000,000
Unit Price: $215.05 PSF
Ceiling: 18 ft.
Property Use Type: Vacant/Owner-User
Building Name: The Purple Gang Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2019

Overview / Comments

This historic former Purple Gang Building is all brick interior with high 12-18 foot) ceilings. Each floor is approximately 6,200 sf. Three (3) levels.
Located in very close proximity to the River Walk, Dequindre Cut and Ren. Center.
Also just 1/2 block from Milliken Park.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 09000030
Zoning: SD-4
Property Located Between: St. Aubin and Orleans
Site Description: Gorgeous views of Milikan
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 6,372 SF
Property Condition: Fair
Year Built: 1900
Construction/Siding: Brick
Parking Description: Street Parking only.
Overhead Cranes: Undisclosed
Sprinklers: None
Interior Description: Completely gutted and ready to be rehabbed.
Zoning Description: SD-4
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee SImple
Legal Description: S FRANKLIN W 25.64 FT ON N BG W 29.87 FT ON S LINE 10 BLK 4 SUB OF ST AUBIN FARM L1 P35 PLATS, W C R 9/2 E 27.44 FT ON N BG E 23.93 FT ON S LINE 13 SUB OF LOT 2, WITHERELL FARM L1 P37 PLATS, W C R 9/3 6,180 SQ FT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,099 77,363 244,001
Median Age: 45.6 40.43 36
Households: 7,061 38,536 98,160

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