MI > Wayne > Detroit > 1121 Van Dyke

$6,000,000

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  • MLS# 2210050841
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248-304-6700

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Gracious Indian Village living with modern condo convenience at 1121 Van Dyke. This prime location in the heart of the historic West Village makes it an amazing development opportunity. To be centered in one of the hottest neighborhoods in Detroit, this opportunity allows the right developer to double their money in short order. This is a 20,000+ sq ft apartment building that's currently home to 16 units. The current apartments hold a ton of historic character including ornate woodwork & moldings, wood floors, fireplaces, and tiled floors. Being centered in one of the hottest neighborhoods in Detroit, this opp allows a Developer with vision to maximize their investment. The redevelopment plan includes restoring the eight original units to their initial 2,500 sq ft and creating a brand new 5th floor consisting of four 1,250 sq ft units with private rooftops. This creates 12 total units all being converted to for-sale product. Located in Opportunity Zone & eligible for NEZ benefits!

Property Information

Status
Active 
Address
1121 Van Dyke 
City
Detroit 
Zip
48214 
Year Built
1924 
Business Type
Residential 
Listing Date
07/14/2021 
Architecture
4-10 Story 
County
Wayne 
Above Grade SqFt
20,475 
Possession
At Close 
Price/SqFt
293.04 

School Information

School District
Detroit 

Taxes

Summer Taxes
$20,874 
Winter Taxes
$2,289 

Features

Total No. of Units
16 
Current Use
Apartments 
Zoning
Residential 
Water
Municipal Water 
Sub Property Type
Commercial 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210050841 Active Jul 14 2021 6:08PM $6,000,000 68
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of @properties Detroit
Office Address 3100 Woodward Ste 2

Real Estate One Family of Companies

1121 Van Dyke Detroit
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$6,000,000
For Sale • Acres: 0.0 • Zoning: Residential