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Jim Blehm

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

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11745 Woodward Ave , Highland Park, MI 48203
$3,999,000
Est. Payment: $8,886.67/mo
0 Bed
0 Bath
30000 Sqft
Status: Active | Days on site: 134
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431181 - 404942
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

A rare investment opportunity offering scale, character, and unmatched redevelopment potential in a high-exposure location. Comprehensively renovated by the current owner, this 5-story industrial building underwent a muti-million dollar overhaul. 6,000 SQFT operational main level mixed-use venue w/ fully built-out 45’ custom bar, 15’ ceilings, TOAST system, commercial Earthstone brick oven & lofted VIP/stage/office. Additional 4 floors, present endless adaptive reuse potential for residential, commercial, office, retail, roof top or venue expansion. Secure entrance w/large lobby & ticket window off of paved parking lot. ALL NEW - Facade, windows, baths, gutter system, HVAC systems (3 furnaces & A/C units), 1600 AMP service, ect. This offering includes a Class C liquor license. Full-height freight elevator shaft, ready for installation. Additional vacant land parcels are available are included in this sale - ID: 43017020012000, 43017020100000, 43017020011000. See brochure for more info. Proof of funds required to tour. Contact Nicollett Warczak for additional information or to schedule a tour. Sold AS-IS.
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Highlights

Listed by Nicollett Warczak , 313-401-6270 Clyde Realty LLC , 313-974-1830.

Property Type

Commercial Sale
Lot/Acreage
0.37

Year Built

1917

County

Wayne

 Neighborhood

Highland Park City

 School District

Highland Park

Listing ID

20261016582

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Interior Features

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

Exterior Features

Roof:Other
Principal Interest
$8,887
Taxes
$478

Home Price

$3,999,000

Loan Details

30 yrs
%

Down Payment

20%
$799,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,886.67 $478.17 $0.00 $9,364.83
Yearly $106,640.00 $5,738.00 $0.00 $112,378.00
Total $3,199,200.00 $172,140.00 $0.00 $3,371,340.00

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 (Highland Park, 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.