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629 W Milwaukee Street

Detroit, MI 48202
  • $5,250,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: 20230038203
$5,250,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,820
    SQFT
  • $220
    $/SQFT
Type:
Commercial
Built:
1933
County:
Zoning:
Commercial,Multi-Family
Lot Size Dimensions:
60.00 X 108.00

School Ratings & Info

School District:

Description

Originally built in 1933 as a hotel for General Motors with a speakeasy bar (now retail space), 629 Milwaukee is home to 35 fully renovated residences with a swimming pool and lounge. Anchoring the corner of West Milwaukee and Second Avenue, including an attached parking lot on a 10,600 square feet lot to the east. The additional land is a prime location for mixed-use development. Surrounded by some of Detroits most iconic architecture and desirable restaurants, 629 West Milwaukee is just steps from the Baltimore Q-Line Station and so much more!

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via GK Real Estate Team | Max Broock and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Max Broock are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-09-26T23:58:35.85.
www.gkrealestateteam.com/homes/139629418
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629 W Milwaukee Street Detroit, MI 48202

  • Price: $5,250,000
  • Status: Active
  • On Site: 132 Days
  • ID#: 20230038203
0
Beds
0
Baths
0
½ Baths
0.15
Acres
23,820
SQFT
$220
$/SQFT
1933
Built
Neighborhood:
Leavitts Pt Of Frac Sec 31
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Originally built in 1933 as a hotel for General Motors with a speakeasy bar (now retail space), 629 Milwaukee is home to 35 fully renovated residences with a swimming pool and lounge. Anchoring the corner of West Milwaukee and Second Avenue, including an attached parking lot on a 10,600 square feet lot to the east. The additional land is a prime location for mixed-use development. Surrounded by some of Detroits most iconic architecture and desirable restaurants, 629 West Milwaukee is just steps from the Baltimore Q-Line Station and so much more!
Exterior Features

Construction Materials Brick Foundation Details Basement Foundation Materials BlockBrick/Mortar Lot Size Dimensions 60.00 X 108.00 Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Public Records Sq Ft Main 23820 Unit Efficiency Number Of 26 Unit One Bed Number Of 9

Property Features

Assessment 100.00 Commercial Type Real Estate Only Existing Lease YN Yes Gross Scheduled Income 300000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Net Operating Income 200000.00 Operating Expense 30000.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 83 Possession Negotiable Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 4166.0000 Tax Amount Winter 491.0000 Title Standard (Private) Total Tax 4657.0000 Unparsed Address 629 W Milwaukee Street Water Source Public (Municipal) Zoning CommercialMulti-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Max Broock, Realtorsã‚®-Detroit: (313) 324-8430 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via GK Real Estate Team | Max Broock and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Max Broock are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-09-26T23:58:35.85.
 
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