434 TEMPLE $9,000,000

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    434 TEMPLE Detroit, MI 48201

    • 64,000 sq. ft.
    • 1.74 Acres
    • Commercial
    • MLS# 60022886
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    Views: 239 Days On Site: 156

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    Property Details

    Designed by George Mason, the Masonic temple built between the years of 1920 and 1926 is currently the worldâ‚„¢s largest Masonic Temple. The East tower features over 60,000 sq ft of usable space that is prime for redevelopment that could include a combination of commercial offices, hotel, apartments, retail, and restaurants. This beautiful building has had recent exterior renovations including cleaning, tuckpointing, and roof. The interior offers great detail and character while still allowing a blank canvas for new development. The East Tower is located less than one mile to Detroitâ‚„¢s Downtown, less than 1/3 of a mile from Little Caesar Arena, and walking distance to an abundance of restaurants and entertainment venues including the many shows in the Masonic theatre adjacent to the East Tower. It consists of 10 floors with floor plates ranging from 4,200 sq ft to just under 5,600 sq ft. The building also has useable basement footage perfect for retail or bar/restaurant space.

    • General Features
      • Acreage 1.74
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision PT OF CASS FARM SUB BY J F MUNRO SUR
      • Total SqFt Finished 64000
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial,Professional Office,Residential
    • Building Features
      • Exterior Construction Block, Other
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Wall Heat, Radiant
      • Roofing Metal, Rubber
    • Property Features
      • Lot Size 80x190
      • Roads Class A
      • Sewer Septic Public At Street

    Contact

    John Pickell

    John Pickell

    REALTOR

    RE/MAX Classic

    Mobile Phone: 248-917-5923

    Neighborhood

    48201 (Detroit) Demographics

    31 Median Age
    7,999 Population Density (per sq. mile)
    43% College Educated
    $20,050 Estimated Median Income
    857 Estimated Total Home Owners
    7,862 Estimated Total Renters
    10% / 90% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,040 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $482,200 Median Sales Price
    4 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $9,000,000
        1/20/2022 5:20:00 PM New in Database Source: Multiple Listing Service New Value: $9,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.