Parking Lot/Investment Opportunity

541 West Lafayette, Detroit, MI 48226

  • For Sale $4,550,000
  • Property Type VacantLand
  • Lot Size 0.32 Acre
  • Date Updated Dec 17, 2023
Detroit is the largest and most populous city in the U.S. , State of Michigan, the largest U.S. city on the United States– Canada border, and the seat of Wayne County. The municipality of Detroit had a 2019 estimated population of 670,031, making it the 24th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and 14th largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music and as a repository for art, architecture and design. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest regional economy in the Midwest, behind Chicago and ahead of Minneapolis Saint Paul, and the 13th-largest in the United States. Detroit and its neighboring Canadian city Windsor are connected through a highway tunnel, railway tunnel, and the Ambassador Bridge, which is the second busiest international crossing in North America, after San Diego–Tijuana. Detroit is best known as the center of the U.S. automobile industry, and the “Big Three” auto manufacturers.Exclusive Realty is pleased to present this 13,983 SF parking lot located in the Central Business District of Detroit, Michigan. This subject property is a great investment opportunity and is strategically located near many downtown amenities such as the TCF Convention Center, Campus Martius, and Hart Plaza to name a few.

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Highlights

  • Sale Price: $4,550,000
  • Parking Lot: 13,983 sq. ft.
  • 48 Parking Spaces
  • Located in Central Business District
  • Next to successful DoubleTree Suites Hotel
  • Great Investment Opportunity
  • Walking distance to TCF Convention Center
  • Close to transit

Contacts

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise
  • Transit Score ®

    85/100 Excellent Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Fort/Cass

    0.11 miles

  • Michigan

    0.17 miles

  • Huntington Place

    0.18 miles

  • West Riverfront

    0.26 miles

  • Times Square

    0.32 miles

  • Financial District

    0.33 miles

  • Campus Martius

    0.37 miles

  • Congress Street

    0.39 miles

  • Cadillac Center

    0.48 miles

  • Grand Circus Park

    0.48 miles

  • Mobil

    0.05 miles

  • Bedrock Kahn Garage

    0.12 miles

  • Marathon

    0.55 miles

  • Bedrock Corktown

    0.74 miles

  • Beaubien Place Garage

    0.77 miles

  • Bedrock QLDC 2

    0.85 miles

  • Bedrock QLDC 1

    0.86 miles

  • Marathon

    0.87 miles

  • Speedway

    0.88 miles

  • Bedrock John R 1

    1.00 miles

  • WDIV Visitor Parking

    0.07 miles

  • First Street Parking Deck

    0.09 miles

  • 1009 Cass Garage

    0.10 miles

  • AFSCME Lot

    0.10 miles

  • Federal Parking Lot 1

    0.11 miles

  • 441 W Fort

    0.12 miles

  • Kahn Garage

    0.12 miles

  • Federal Parking Lot 2

    0.12 miles

  • Millenium Garage

    0.13 miles

  • 620 Third

    0.13 miles

  • Fort Shelby Hotel

    0.02 miles

  • DoubleTree Suites by Hilton Hotel Detroit Downtown - Fort Shelby

    0.03 miles

  • Hotel Indigo Detroit Downtown

    0.21 miles

  • The Westin Book Cadillac Detroit

    0.24 miles

  • Detroit Foundation Hotel

    0.25 miles

  • Crowne Plaza Detroit Downtown Riverfront

    0.29 miles

  • Leland Hotel

    0.33 miles

  • MGM Grand Detroit Hotel

    0.39 miles

  • Shinola Hotel

    0.44 miles

  • Aloft Detroit at The David Whitney

    0.47 miles

  • Motor City Kitchen

    0.03 miles

  • Tommy's Detroit Bar & Grill

    0.13 miles

  • Cellar D's

    0.16 miles

  • The Trolley Room

    0.20 miles

  • Zoom Coney Restaurant

    0.21 miles

  • Subway

    0.23 miles

  • Tropical Smoothie Cafe

    0.23 miles

  • Michael Symon's Roast

    0.24 miles

  • Brome Modern Eatery

    0.25 miles

  • The Apparatus Room

    0.25 miles

  • Wayne County Community College Downtown Campus

    0.29 miles

  • Michigan Institute for Construction Trades

    0.30 miles

  • Jessie C Kennedy Institute

    0.30 miles

  • Most Holy Trinity School

    0.43 miles

  • Grand Valley State University Detroit Center

    0.63 miles

  • Cass Technical High School

    0.77 miles

  • Detroit Public Safety Academy

    0.77 miles

  • University of Detroit Mercy Law School

    0.82 miles

  • Woodward Academy

    0.98 miles

  • Ecumenical Theological Seminary

    1.08 miles

  • Midtown KinderCare

    1.36 miles

  • Matrix Headstart

    2.09 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.10 miles

  • Kingdom Care Learning Center

    2.72 miles

  • Sha-Sha's Kiddy Korner

    3.15 miles

  • Henry Ford Kids Child Care Center

    3.43 miles

  • Angel Land Child & Parent Center

    3.88 miles

  • Matrix Head Start Infinity II

    4.64 miles

  • Advanced Technology Academy Pre-K & Business Office

    5.83 miles

  • Sunnybrook Day Nursery

    6.87 miles

Frequently Asked Questions

What is the lease rate for Parking Lot/Investment Opportunity?

Rental asking rate at Parking Lot/Investment Opportunity is $2,275,000.00/YR.

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Contact Listing Broker

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601