1450 McKinstry St - Bethlehem Lutheran School

Investment Overview

NAI FARBAMN presents a prime investment opportunity, this 21,400 SF building boasts a rich history, having been constructed in 1941 and thoughtfully renovated in 2016. Zoned R2 under the Build More Housing initiative, the property is located in the Schools - Detroit W of Woodward Submarket area. With a highly flexible institutional layout, this space includes classrooms, administrative offices, kitchen facilities, an auditorium and stage, shower facilities, and even a lower-level 4-lane bowling alley. The property's redevelopment potential is extensive, with options ranging from a multifamily loft conversion to a nonprofit campus or a mixed-use redevelopment. This facility is ideal for a forward-thinking Special Purpose/School investor.

Investment Highlights

• 21,400 SF building with flexible institutional layout
• Built in 1941, renovated in 2016
• Zoned R2 - Build More Housing initiative
• Classrooms, administrative offices, and kitchen facilities
• Auditorium, stage, shower facilities, and bowling alley
• Large interior gathering spaces
• Historic brick construction
• Redevelopment potential for multifamily loft conversion
• Potential for charter or private school/day care
• Adaptive reuse concepts for community center/adult day care
• Opportunity for nonprofit campus or creative office space
• Potential as an arts incubator or recreation/wellness facility
• Ideal for mixed-use redevelopment