3500 John R St

3500 John R St Detroit, MI 48201

3500 John R St, Detroit, MI, 48201
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FOR SALE
Property Type:
Other Hospitality
Amount:
Please Call Broker for Price

Last Verified:
Feb 20, 2025

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Highlights

  • Reuse Opportunity of this 24,000 SF Former Detention Center Located in the Heart of the New Center area in Detroit, Michigan
  • A Two (2) Story 24,000 SF Structure plus an Additional Floor Below Grade, Plus a Two Story Basketball Court and Outdoor Recreational Area with a Fully Secured Parking Field that is Situated on a .72 AC Parcel.
  • Currently there are 31 Detention Rooms, All Plumbed with Toilets Inside of Each Room.
  • Located Within the Immediate Trade Area, Wayne State University, Newly Constructed Whole Foods Market, and Little Caesars Arena.

Description

The subject property is a two (2) story, 24,000 SF building on .72 Acres.

The subject property is located in the New Center area of
Detroit which is a prime location in Detroit directly across the street from a newly
constructed Whole Foods servicing Wayne State University and the surrounding
community.

Building Size: 24000sq ft
Lot Size: 0.72 acres


Documents

3500 John R St Flyer 2025

Map of 3500 John R St, Detroit, MI, 48201

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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