Detroit Specialty for Sale - Detroit E of Woodward
Positioned just 2.5 miles from downtown Detroit, 1460 East Forest Avenue offers a rare institutional asset with exceptional adaptability for educational, community, or redevelopment purposes. Spanning 5.1 acres, the property features a 57,712-square-foot main building constructed in 1999 and a 9,870-square-foot daycare facility added in 2014. The campus includes a newly installed athletic turf field, ample parking with multiple curb cuts, and thoughtfully designed interiors comprising over 40 classrooms, a full gymnasium, cafeteria, and administrative offices.
Ownership has invested significantly in maintaining the property, ensuring a move-in-ready environment with high-quality finishes and logical layouts. The site’s strategic location places it near major Detroit landmarks such as Wayne State University, the Detroit Institute of Arts, and Little Caesars Arena, creating strong synergy for educational or community-focused operations. With zoning under Planned Development (PD), the property offers flexibility for future enhancements or alternative uses.
Current tenancy includes Matrix Head Start in the daycare building, generating nearly $98,000 annually under a gross lease structure. Surrounding demographics reflect a growing urban population, with over 232,000 residents within five miles and average household incomes exceeding $58,000 within three miles. This combination of scale, location, and income profile makes the property an attractive acquisition for investors seeking institutional stability or redevelopment upside in Detroit’s revitalizing core.
