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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1250 Library St , Detroit, MI 48226
$5,900,000
Est. Payment: $13,111.11/mo
0 Bed
0 Bath
32100 Sqft
Status: Active | Days on site: 134
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433528 - 317042
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House Description

100% OCCUPIED !!!! 1250 Library is the home for: 8 Traditional Style Lofts (live/work), 1 office, 1 art studio, and Vicentes Cuban Cuisine. Owned, Renovated, and Cared for since 1992. Exposed duct work and brick, Original Maple floors, Bi-level units, All units provide DW's, Fridges, Gas Ranges, and W/D's in unit. High Ceilings and simply cool spaces! Location? Can't beat it! Walkers Paradise score is 98. Select your venue because it's within walking distance to all Sport Stadiums, Concert Venues, Restaurants, Campus Martius, Opera House, and the River Walk! We have a waiting list from interested renters. Financials released upon NDA/Non-Circ/POF. Please see the attached Brochure/OM.

Highlights

Listed by Lisa Debs , 313-505-3713 Tower Real Estate , 313-505-3713.

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

1907

County

Wayne

School District

Detroit

Listing ID

20251035875

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Roof:Rubber
Principal Interest
$13,111
Taxes
$1,606

Home Price

$5,900,000

Loan Details

30 yrs
%

Down Payment

20%
$1,180,000
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Monthly Price:
$13,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,111.11 $1,605.50 $0.00 $14,716.61
Yearly $157,333.33 $19,266.00 $0.00 $176,599.33
Total $4,720,000.00 $577,980.00 $0.00 $5,297,980.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.