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Executive Summary

Located in the center of Highland Park, this is a unique and rare opportunity to redevelop a former hospital. Anchoring the corner of Highland and 3rd Ave, the 9-story brick structure offers multiple, different level floor plates, expanding 172,000 square feet across 1.7 acres of land. One of the tallest buildings in Highland Park, you have expansive 360-degree views, including the downtown Detroit skyline and New Center. The Urban Village / Mixed-Use Zoning allows for residential, commercial, civic and institutional uses.
Building Features
- Redevelopment Opportunity
- Low Acquisition Costs $2.32/SF
- Flexible zoning
- Located 2 miles from New Center
- Close proximity to the Lodge Freeway

Property Facts

Price $547,884 CAD
Price Per Bed $547,884 CAD
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
  • Building in Shell Condition
Property Type Health Care
Property Subtype Hospital
Building Class B
Lot Size 1.72 AC
Building Size 172,000 SF
No. Beds 1
No. Stories 9
Year Built 1950
Zoning N/AV, Highland Park
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
43-012-04-0147-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$399,955 CAD
  • Listing ID: 22953480

  • Date on Market: 2021-05-06

  • Last Updated:

  • Address: 200 Highland St, Highland Park, MI 48203

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