15255 Mayfield StDetroit, MI 48205

For Sale
Call for price

Spacious 2-story building, 24 bedrooms, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 13,216 square foot, two-story multifamily building located at 15255 Mayfield St, Detroit, MI 48205. The property, formerly St. Jude Academy, offers significant potential for creative reuse. The building features 24 bedrooms, previously accommodating up to 36 students, and two large common restrooms. An additional below-grade floor adds to the substantial square footage. The property sits on a completely secured site, including a fenced outdoor parking area. Its prime location on Detroit's east side offers proximity to numerous residences and is conveniently situated across the street from Commemoration Park. The impeccably maintained structure presents a rare chance to acquire a substantial property with significant upside potential. The building's size and layout provide ample opportunity for various adaptive reuse scenarios, making it an attractive investment for discerning buyers seeking a unique and promising venture in a desirable Detroit location. The property's existing infrastructure and secure site contribute to its overall appeal and potential for a strong return on investment. This is a truly unique opportunity to acquire a substantial property in a rapidly developing area.

Highlights

  • 13,216 SF two-story former school building with a lower level, situated on a secure site with fenced parking.
  • 24 bedrooms and two large common restrooms, previously accommodating 36 students.
  • Located in Detroit, MI, on the east side, near residential areas and across from Commemoration Park.
  • Excellent opportunity for creative adaptive reuse.

Property Details for 15255 Mayfield St

Property type
Other specialty properties, Multifamily properties
Square Feet
13,216 SF
Stories
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.422415010186
Longitude
-82.964085692766
15255 Mayfield St, Detroit, Michigan

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15255 Mayfield St
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