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Islandview Redevelopment 2740 Mount Elliott St 4,977 SF Vacant Retail Building Detroit, MI 48207 $317,214 CAD ($63.74 CAD/SF)
Executive Summary
Located at the corner of Mount Elliot and Charlevoix, 2740 Mount Elliott sits minutes from Downtown Detroit, Eastern Market, Belle Isle, and the Riverfront, in a neighborhood that continues to attract new investment, residents, and cultural activity. 4,977 SF former liquor store sits on a 0.234-acre (10,193 SF) site and offers an excellent redevelopment or owner-user opportunity. The property provides a flexible building footprint with strong potential for retail, service, or commercial reuse. Neighbors: East Village, West Village, Indian Village, Belle Isle, The Shepherd, Lantern, Little Village. Located in the heart of Detroit's Lower East Side, 2905 Beaufait sits among some of the city's most active creative and residential neighborhoods. The property is surrounded by a growing mix of cultural destinations, independent businesses, new housing developments, and long-established communities that continue to drive investment and activity throughout the area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,977 SF
Year Built
1950
Price
$317,214 CAD
Price Per SF
$63.74 CAD
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.23 AC
Zoning
R4
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 15-000255 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $154,828 CAD |
Property Taxes
Parcel Number
15-000255
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$154,828 CAD
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Islandview Redevelopment | 2740 Mount Elliott St
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