For Sale | The Bridge Apartments

For Sale

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

This Detroit property for sale is located at 1020-1060 Alter Drive | Detroit. Contact the listing broker for details on the current sale price for For Sale | The Bridge Apartments. For Sale | The Bridge Apartments is situated on a lot that is 0.69 square feet in size.

Contacts

broker

Ben Hubert

broker

Ben Rosenzweig

Property Details

  • 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 Nov 20, 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

Getting around

  • 68/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 59/100

    Bike Score ®

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Location

  • City Detroit, MI
  • Neighborhood Grosse Pointe Park
  • Zip Code 48215
  • Market Detroit

Points of Interest

  • Greektown

    5.97 miles

  • Renaissance Center

    6.02 miles

  • Broadway

    6.21 miles

  • Campus Martius

    6.27 miles

  • Congress Street

    6.27 miles

  • Montcalm Street

    6.28 miles

  • Adelaide Street

    6.29 miles

  • Grand Circus Park

    6.30 miles

  • Sproat Street

    6.31 miles

  • Mack Avenue

    6.35 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

  • Krausmann Service

    1.43 miles

  • Beaubien Place Garage

    5.96 miles

  • eVgo

    6.04 miles

  • Tesla, Inc.

    6.15 miles

  • FCA Employee Parking

    1.45 miles

  • WCCC Eastern Campus Lot

    2.79 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

  • D-4 Lot

    5.76 miles

  • Metro Lodge

    2.12 miles

  • Cabana Motel

    2.71 miles

  • Baymont Downtown Detroit

    4.52 miles

  • Roberts Riverwalk Hotel

    4.70 miles

  • Comfort Inn

    5.19 miles

  • JZ Motel & Suites

    5.38 miles

  • Eastland Motel

    5.54 miles

  • Rivertown Inn & Suites

    5.62 miles

  • Hollywood Casino at Greektown

    5.85 miles

  • Veteran's Park Hotel

    5.86 miles

  • Sprout House

    0.47 miles

  • ALDI

    0.89 miles

  • Kroger

    1.51 miles

  • Trader Joe's

    1.54 miles

  • Parkway Foods

    1.74 miles

  • Save-A-Lot

    1.89 miles

  • Forman Mills

    2.11 miles

  • Del-Point Food Center

    2.68 miles

  • Thrifty Scot

    2.81 miles

  • Indian Village Market

    3.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact For Sale | The Bridge Apartments