Discuss Detroit Archives - Beginning January 2007 15,000 ft. loft for $299K in Detroit. What a deal. Previous Next
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Lowell
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Username: Lowell

Post Number: 3789
Registered: 10-2003
Posted on Friday, April 13, 2007 - 2:41 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

This caught my eye from a google ad on one of my new pages. Dubbed "World's Largest Loft", it is the old Dom Polski Hall on Forest off Chene is yours for $299K complete with living quarters.

To good to be true? I know that is a tough area, but...


Dom Polski Hall Detroit


Related Thread see Kathleen's New Documentary on Dom Polski Premieres 4/28/07
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Spacemonkey
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Username: Spacemonkey

Post Number: 189
Registered: 03-2006
Posted on Friday, April 13, 2007 - 3:56 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

I wonder how much it would cost to heat that place in the winter.
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Superduperman
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Username: Superduperman

Post Number: 266
Registered: 01-2005
Posted on Friday, April 13, 2007 - 4:01 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Probably $299K a month.
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Diehard
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Username: Diehard

Post Number: 41
Registered: 03-2005
Posted on Friday, April 13, 2007 - 4:18 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Considering the neighborhood, you could probably get some crackheads to set fires in there periodically. That could help...
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Mbr
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Username: Mbr

Post Number: 134
Registered: 03-2005
Posted on Friday, April 13, 2007 - 4:23 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Yeah, 299K per month, that makes sense. So that's $3,558,000 per year in rent, on 15,000 square feet, so about $240 per square foot per year, making it about 20 times more expensive than the nicest rental apartments in the city. I hope you were joking.
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Upinottawa
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Username: Upinottawa

Post Number: 805
Registered: 09-2005
Posted on Friday, April 13, 2007 - 4:43 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

I think the joke was $299K per month to heat the place....
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El_jimbo
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Username: El_jimbo

Post Number: 87
Registered: 12-2006
Posted on Friday, April 13, 2007 - 6:35 pm: Edit PostDelete PostMove Post (Moderator/Admin Only)

Well only 4,000 sq feet of it is heated. As long as it is insulated ok, the heating costs shouldn't be too bad.
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Yelloweyes
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Username: Yelloweyes

Post Number: 122
Registered: 02-2007
Posted on Saturday, April 14, 2007 - 9:33 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

With that much space one could build more rooms and baths to accommodate a small DetroitYes cult.
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Detroite
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Username: Detroite

Post Number: 14
Registered: 12-2006
Posted on Saturday, April 14, 2007 - 9:44 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

I can even build my hot air balloons in the basement, perfect!
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Charlottepaul
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Username: Charlottepaul

Post Number: 784
Registered: 10-2006
Posted on Saturday, April 14, 2007 - 11:03 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

It is quite plausible Lowell. Three hundred thousand is actually a pretty decent deal for a structure of 4,000 sf, but it probably wouldn't stay "one big loft," but rather get divided into 3 or 4 units. It probably could use some more windows too.
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Llyn
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Username: Llyn

Post Number: 1807
Registered: 06-2004
Posted on Saturday, April 14, 2007 - 11:10 am: Edit PostDelete PostMove Post (Moderator/Admin Only)

So... 3 units at over 1300 sq ft each with a shared (unheated) basketball court / ballroom / paintball and lasertag gamehall?

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