1121 VAN DYKE Street $3,950,000

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    1121 VAN DYKE Street Detroit, MI 48214

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    $3,950,000

    Market Estimate
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    • 20,019 sq. ft.
    • 0.23 Acres
    • Commercial Lease
    • MLS# 60328918
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    Views: 22 Days On Site: 101

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    Property Details

    For the first time in decades, an unparalleled opportunity awaits in the heart of Detroitâ‚„¢s historic West Village. This gracious 20,000+ sq ft building, showcasing exquisite historic charm with ornate woodwork, moldings, fireplaces, and original wood and tiled floors, is finally on the market. Known as one of the most elegant buildings in the neighborhood, this iconic property offers 16 units brimming with character and potential. Whether you're envisioning restoring it to its former grandeur or transforming it into luxury residences, this is a not-to-be-missed chance to leave your mark on Detroit's architectural landscape.

    • General Features
      • Acreage 0.23
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision SHIPHERDS SUB (PLATS)
      • Total SqFt Finished 20019
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Multi-Family
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Community
      • Lot Size 60.00 x 166.00
      • Roads Paved Street
      • Sewer Septic Public At Street

    Neighborhood

    48214 (Detroit) Demographics

    43 Median Age
    3,787 Population Density (per sq. mile)
    31% College Educated
    $30,859 Estimated Median Income
    4,272 Estimated Total Home Owners
    6,303 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,317 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $88,500 Median Sales Price
    10 Homes Sold
    36 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,950,000
        8/5/2024 10:08:00 AM New in Database Source: Multiple Listing Service New Value: $3,950,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.