Your ruining the dreamLikely issues with this building- Regardless of the interior, it will need major new upgrades to meet current building codes and required City of Detroit inspections. Things like new sprinkler systems which the building never originally had. Also to meet current codes- enough egress doors. It likely needs more from the main level, new stairs to those. Those will not only be expensive, they’ll be challenging to incorporate with the existing architecture. They would change the exterior too. Indian Village has historic designation so it might not be allowed to change the exterior. If it was allowed it would have to match the character of the building in stone, detailing. The multiple challenges to complete a large, complex project like this form a positive feedback loop. Each challenge added together makes the whole exponentially more complicated & challenging. These, plus repair issues for a project this size make for a big commitment. After purchase, the buyer will need to invest many hundreds of thousands of dollars. It’s tricky… is there a business on Mack Ave. in this location that could support that kind of investment? I say all this with experience on complex projects 1/30th the scale. They were challenging and expensive. Maybe this thread of various comments will help someone plan a big but great project.
Carry on!
Cheers
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