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$14,995,000
1250 Library St, Detroit, MI 48226
0 Beds
0 Baths
30,000 sqft

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Library Street Lofts prime location makes this an amazing opportunity to be centered in the heart of Detroits bright future, right across from the future Hudsons site! This is a 30,000 sq ft mixed use building with 12 units of large loft apartments & commercial space with unused 2,500 sq ft storage & 5,000 sq ft basement space providing additional rentable sq ft. Direct building access to The Belt alley out back! True loft vibes add tons of character throughout: exposed brick & duct work, high ceilings and original maple floors. The giant light-filled front windows overlook a booming street of development. The location couldnt be better with all that surrounds- the Q-line, Mo-Go bikes and dozens of restaurants, coffee shops, parks, venues, stadiums, casinos and more!
  • Price:
  • $14,995,000
  • Square Footage:
  • 30,000
  • Year Built:
  • 1920
  • Listing ID #:
  • 2200070137
  • Street Address:
  • 1250 Library St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48226
  • County:
  • Wayne
  • Community:
  • Det Woodward-Mcclellan/So Mack
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
School District: Detroit
  • Foundation:
  • Basement
  • Foundation Material:
  • Brick
  • Main Level Square Footage:
  • 30000
  • Number Of 1 Bedroom Units:
  • 3
  • Number Of 2 Bedroom Units:
  • 6
  • Number Of 3 Bedroom Units:
  • 1
  • Siding:
  • Brick
  • Stories:
  • 4-10 Story
  • Total Building Square Footage:
  • 30000
  • Year Built:
  • 1920
  • Business Type:
  • Office, Residential, Retail
  • Net Operating Income:
  • 408480.00
  • Operating Expense:
  • 54300.00
  • Conforms To Zoning:
  • Commercial, Multi-Family, Office, Residential
  • Existing Land Use:
  • Show Room/ Office
  • Road Frontage:
  • 20
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 458
  • Financing Options:
  • Cash, Conventional, Warranty Deed
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 15359.0000
  • Winter Tax:
  • 1444.0000
  • Existing Water:
  • Municipal Water
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer-Sanitary
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd. @properties Detroit
  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2021 Realcomp II Ltd. Shareholders FARMHILL