426 Clinton StDetroit, MI 48226

The Tremonti Building, a 69,700 square foot mixed-use property located at 426 Clinton St, Detroit, MI 48226, presents a compelling redevelopment opportunity. This five-story, 1916 Albert Kahn-designed building sits on a 0.27-acre lot (APN 01-000217) and is currently 44% occupied. Zoned for Commercial Renaissance Zone development, it offers significant upside potential for investors seeking an owner/user scenario. The building's multi-tenant structure includes office, multifamily, and retail spaces, allowing for diverse income streams. Its prime location in downtown Detroit provides easy access to expressways and is within walking distance of the central business district, stadiums, restaurants, and shopping. The asking price is $4,300,000, and the lease type is NNN. This is a unique chance to acquire a piece of Detroit's history and capitalize on its revitalization. The building's size and location make it ideal for a mixed-use conversion project, catering to the growing demand for diverse urban living and commercial spaces. The property's designation within an Opportunity Zone further enhances its investment appeal.