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1254 MICHIGAN Avenue

$ 2,200,000
1254 MICHIGAN AVE ,
62
Active

Description

PJ’s Lager House | Restaurant, Bar, Music Venue & AirBNB | 4800 sqft | Built in 1914 | $2.2M. Also known as PJ’s Lager House, 1254 Michigan Avenue is a prime turn-key property (business and real estate included) located almost equidistant from downtown’s Campus Martius and the iconic Michigan Central Station, recently purchased by Ford Motor Company for their autonomous vehicle and mobility center. The surrounding Corktown neighborhood is exploding with hundreds of new apartments and condominiums. From street lights and neighborhood banners, to flower plantings and upgrades to parks, Corktown Historic District is Detroit’s hottest neighborhood.

Address: 1254 MICHIGAN AVE
City:
State/County:
Zip: 48226
Open In Google Maps
Property Id : 27601
Price: $ 2,200,000
Bedrooms: 2
Building size: 0.07 acres
Available Space: 4808 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
Business Licenses: Beer & Wine,Liquor
Business Type: Retail,Service
CDOM: 186
CoList Agent MUI: 36609
CoList Agent Direct Work Phone: (313) 4923522
CoList Agent Email: inouryder@comcast.net
CoList Agent FullName: Paul Ryder
CoList Agent MLSID: 280406
CoList Office MUI: 242297428
CoList Office MLSID: 385978
CoList Office Name: Historic Realty Detroit
CoList Office Phone: (313) 752-0533
Commercial Exterior Features: Outside Lighting,Perimeter Fence
Commercial Type: Apartments,Business And Real Estate,Commercial
Commercial Utilities: 220V Available,Cable TV,Programmable Thermostat,Security Alarm
Construction Materials: Block/Concrete/Masonry,Brick
County Or Parish: Wayne
Current Use: PJ's Lager House
Directions: Michigan Ave and Trumbull
Directions From EastWest: E
Directions From EastWest Detail: TRUMBULL
Directions From NorthSouth: N
Directions From NorthSouth Detail: I-75
Distance To Airport: 19
Distance To Interstate: 1
Distance To Rail: 1
Distance To Waterway: 1
DOM: 0
Foundation Details: Basement
Foundation Materials: Block,Poured
Frontage Feet: 40
Gross Scheduled Income: 0.00
Heating: Forced Air,Hot Water,Window/Wall Unit
Heating Fuel: Electric,Natural Gas
Last Change Type: New
List Office Name: Historic Realty Detroit
List Price By Acre: 31428571.4286
Lock Box Type: Appointment
Lot Size Dimensions: 40 X 76.91
MLS: Realcomp II Ltd
MLS Area Major: Det South Of Grand River
MLS Area Major Number: 05101
MLS Number: 2200000406
Monthly Sales: 0
Annual Net Income: 0.00
Number Of Units Total: 2
Operating Expense: 0.00
Original List Price: 2200000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W06I000420S
Postal City: Detroit
Postal Code Plus 4: 1017
Property Type: Commercial
Protection Period: 90
Rent Includes: Cable TV,Electric,Garbage Pickup,Heat,Int Maint W/Deduct,Internet,Snow Removal,Water/Sewer
Road Frontage Type: Paved,Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Storm Drain
Short Sale: No
Sqft Main: 7200
Sqft Office: 0
State Equalized Value: 19900.0000
Street Name: MICHIGAN
Street Number: 1254
Street Suffix: Avenue
Subdivision Name: LABROSSE FARM SUB OF BLKS 1 & 2
Table: Commercial
Taxable Value: 18851.0000
Tax Amount Summer: 1551.0000
Tax Amount Winter: 179.0000
Tax Legal Description: N MICHIGAN 14 BLK 1 PLAT OF PT LABROSSE FARM L32 P402 DEEDS, W C R 6/24 40 X 76.91A
Title: Private - Owned
Total Tax: 1730.0000
Unit Count: 2
Unit One Bed Number Of: 1
Unit Three Bed Number Of: 1
Virtual Tour URL Unbranded: www.1254michigan.com
Virtual Tour URL Unbranded Type: Video
Water Heater Fuel: Natural Gas
Water Source: Municipal Water,Water at Street
Year Built: 1914
Year Remodeled: 2018
Zoning: Commercial,Light Industrial,Multi-Family
Airport: Yes
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Exclusions: Yes
Existing Lease: No
Interstate: Yes
Inventory Included: Yes
Inventory List: Yes
Land Contract: No
Publish Sale Price: Yes
Railroad: No
Restrictions: No
Waterfront: No
Waterway: Yes
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Historic Realty Detroit and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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