1450 McKinstry St - Portfolio Sale 2 biens | Spécialité | À vendre | 854 314 € | Detroit, MI

McKinstry Campus Portfolio
1444 & 1450 McKinstry Street | Detroit, Michigan
Adaptive Reuse / Redevelopment Opportunity
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NAI Farbman is pleased to offer the potential acquisition of the McKinstry Campus Portfolio located at 1444 and 1450 McKinstry Street, Detroit, Michigan (the “Property” or “Portfolio”).
EXECUTIVE SUMMARY
Rare Adaptive Reuse Campus in Southwest Detroit
The McKinstry Campus Portfolio presents a rare opportunity to acquire a historic institutional campus in the heart of Southwest Detroit’s vibrant Latino community. The offering consists of two architecturally significant buildings totaling approximately 28,000 square feet situated on approximately 0.60 acres within a Qualified Opportunity Zone.
The Portfolio includes:
Property Address Approx. SF Use
School Building 1450 McKinstry St 21,400 SF Former School
Church Building 1444 McKinstry St 6,600 SF Former Church

The campus benefits from strategic proximity to Clark Park, major transportation corridors including I-75 (Fisher Freeway), strong pedestrian activity, and an established neighborhood identity. The properties are located within an R2 zoning district aligned with Detroit’s broader “Build More Housing” initiative, potentially supporting a range of adaptive reuse and redevelopment concepts.
The existing structures provide immediate value through their historic character, flexible layouts, durable brick construction, and ability to support phased redevelopment strategies.
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INVESTMENT HIGHLIGHTS
• Institutional-Scale Urban Campus
o Rare opportunity to acquire an approximately 28,000 SF multi-building campus in a dense urban neighborhood with significant adaptive reuse potential.
• Qualified Opportunity Zone Location
o The Property resides within a federally designated Qualified Opportunity Zone, potentially offering substantial tax advantages to investors and developers.
• Flexible Redevelopment Potential
o The campus configuration supports multiple redevelopment scenarios including residential conversion, mixed-use redevelopment, educational reuse, nonprofit occupancy, arts and cultural programming, or event-driven concepts.
• Strategic Southwest Detroit Location
o Situated in the center of Detroit’s established Latino community near Clark Park, the Property benefits from strong neighborhood identity, active pedestrian traffic, and excellent connectivity.
• Historic Character & Architectural Appeal
o The church features stained glass, historic detailing, and sanctuary architecture, while the school building contains unique amenities including an auditorium, stage, and lower-level bowling alley.
• Durable Existing Construction
o The buildings appear structurally sound with limited tuckpointing needs and substantial masonry construction supporting long-term durability.
• Phased Redevelopment Opportunity
o The dual-building campus allows users or developers to reposition the assets incrementally, reducing redevelopment execution risk.

OFFERING SUMMARY
Item Details
Portfolio Price $975,000
School Building Price $650,000
Church Building Price $400,000
Offering Type Portfolio Sale Preferred
Alternative Structure Individual Asset Sales Considered
Lease Rate Guidance Approx. $7.00/SF Gross
Zoning R2 District
Opportunity Zone Yes
Buildings 2
Total Building Area Approx. 28,200 SF
Site Area Approx. 0.60 Acres