For Sale | The Bridge Apartments

1020-1060 Alter Drive | Detroit, Detroit, MI 48215

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 32,320 SF
  • Lot Size 0.69 SF
  • Additional Rent Contact for pricing
  • Year Built 1926
  • Year Renovated 2023
  • Date Updated Jul 18, 2024

The Bridge Apartments located at 1020-1060 Alter Rd in Detroit, Michigan on the border of Grosse Pointe Park. Built in 1926, the Property consists of four historic buildings located in an Opportunity Zone. The Bridge Apartments features an excellent location on the corner of Alter Rd and E Jefferson Ave, one of Detroit’s iconic streets spanning 6 miles from Downtown Detroit.

The Bridge Apartment benefits from its close proximity to several schools and churches, located across the street from Detroit Merit Charter Academy and just south of the St. Ambrose Church. Other nearby schools include J.E. Clark Preparatory Academy, David Aerospace Technical High School, Hamilton Academy, The James and Grace Lee Boggs School, Garvey Academy, and more.

Overall, the Bridge Apartments offers an investor an excellent opportunity to acquire a well-positioned value-add multi-family asset within a superb market with strong projected upside potential. Additionally, a future owner will benefit from the Property’s location within an opportunity zone, while also being positioned on the border of Grosse Pointe Park.

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Attachments

Contacts

broker

Ben Hubert

broker

Ben Rosenzweig

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Grosse Pointe Park
  • Zip Code 48215
  • Market Detroit

Points of Interest

  • Bricktown

    5.95 miles

  • Millender Center

    6.10 miles

  • Cadillac Center

    6.17 miles

  • Campus Martius

    6.26 miles

  • Congress Street

    6.27 miles

  • Adelaide Street

    6.29 miles

  • Montcalm Street

    6.29 miles

  • Sproat Street

    6.31 miles

  • Mack Avenue

    6.35 miles

  • Martin Luther King Junior Boulevard

    6.36 miles

  • Marathon

    0.05 miles

  • Mobil

    0.06 miles

  • Sunoco

    0.26 miles

  • Citgo

    0.48 miles

  • BP

    1.02 miles

  • Exxon

    1.09 miles

  • Citgo

    1.56 miles

  • Mobil

    1.59 miles

  • Clark

    1.71 miles

  • Marathon

    1.92 miles

  • FCA Employee Parking

    1.45 miles

  • FCA Employee Parking

    1.69 miles

  • WCCC Eastern Campus Lot

    2.79 miles

  • Indycar Pit Parking

    4.03 miles

  • River Place Parking Garage

    4.75 miles

  • Eastern Market parking garage

    5.48 miles

  • Detroit Riverwalk Parking

    5.62 miles

  • Eastern Market Lot #8

    5.62 miles

  • River East Garage

    5.71 miles

  • D-2 Lot

    5.75 miles

  • Metro Lodge

    2.12 miles

  • Cabana Motel

    2.71 miles

  • Baymont by Wyndham Downtown Detroit

    4.52 miles

  • Roberts Riverwalk Hotel

    4.70 miles

  • Comfort Inn

    5.19 miles

  • JZ Motel & Suites

    5.38 miles

  • Rivertown Inn & Suites

    5.62 miles

  • Veteran's Park Hotel

    5.86 miles

  • Atheneum Suite Hotel

    6.00 miles

  • Detroit Marriott at the Renaissance Center

    6.05 miles

  • Krispy Krunch Chicken

    0.24 miles

  • Detroit's Finest Coney Island

    0.55 miles

  • Sierra Station

    0.88 miles

  • Coriander Kitchen and Farm

    1.15 miles

  • Burger King

    1.48 miles

  • Manhattan Fish and Chips

    1.55 miles

  • McDonald's

    1.61 miles

  • Legends Grill

    1.80 miles

  • Cadieux Cafe

    1.93 miles

  • Wendy's

    1.93 miles

  • Detroit Merit Charter Academy

    0.08 miles

  • Victors' Center

    0.09 miles

  • Chandler Park Academy-Philip

    0.19 miles

  • Pierce Middle School

    0.45 miles

  • Trombly Elementary School

    0.46 miles

  • Defer Elementary School

    0.57 miles

  • Golightly Career and Technical Center

    0.76 miles

  • Carstens Elementary-Middle School

    0.96 miles

  • Saint Clare of Montefalco School

    1.17 miles

  • J.E. Clark Preparatory Academy

    1.33 miles

  • Growing Minds Learning Center

    1.20 miles

  • New Life Head Start

    3.10 miles

  • Matrix Head Start Infinity II

    3.62 miles

  • Sha-Sha's Kiddy Korner

    3.86 miles

  • Fleming Early Learning Neighborhood Center

    4.78 miles

  • Matrix Headstart

    5.69 miles

  • Assumption Nursery School and Toddler Center

    6.06 miles

  • Midtown KinderCare

    6.12 miles

  • Kingdom Care Learning Center

    6.48 miles

  • The Clifton Daycare and Development Center

    6.61 miles

Frequently Asked Questions

How much does For Sale | The Bridge Apartments cost?

The sale price for For Sale | The Bridge Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of For Sale | The Bridge Apartments?

For Sale | The Bridge Apartments totals 32,320 square feet.

When was this property built?

For Sale | The Bridge Apartments was built in 1926.

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Contact For Sale | The Bridge Apartments