One of the most unusual listings in Detroit has finally sold.
After first listing for rent for $10,000, then for sale for $1,799,999 in late 2016, the reimagined Bullock-Green Hardware Company just found a new owner at a price of $1,925,000. Realtor Saverio Montalto of Max Broock Realtors says the property sold for cash to a local buyer.
It’s one of the largest residential sale in the city in recent history. The Bishop’s Mansion sold late last year for $2.7 million, while a Book Cadillac penthouse sold for $1.8 million. Of course, this one is different in that it has three one-bedroom apartments that can be rented out. But the main living area, which can also be used as an event space, is what truly stands out.
The main unit spans 7,580 square feet, with a commercial kitchen, a separate bar area, a winding staircase leading to the bedroom, and a garage door that opens to the courtyard. In case you’re wondering, the Porsche was not included in the sale.
The house was even featured on the cover of Michel Arnaud’s book Detroit: The Dream is Now.
It took a while for the right person to snag the property, but Montalto says it was only a matter of time until someone saw the value in the investment, event, and living space. Montalto tells us, “This creative development is not the last you’ll see from the owner as he has a bigger vision in mind for something to come.”