A fire destroyed a $2.5 million home next to Little Caesars Arena

A fire destroyed a dilapidated home near Detroit’s Little Caesars Arena, one of the last arena counties not to sell its property to the Ilitch family firm.

The fire broke out in the early hours of Monday and the debris was still smoldering as of 9:45 am.

The two-story log house at 2712 Cass Ave., dates back to the late 1800s and was once valued at $5 million, making it the most expensive home on the market in Detroit when the new Red Wings and Pistons arena opened in 2017. .

But, in recent years, it has dropped from $3.9 million to $2.5 million this spring, according to Shane Parker, broker/owner of S&P Realty in Grosse Pointe Park.

The house as it was in 2018

Park said the house was unoccupied at the time of the fire. He said he and the property owner are waiting for the Detroit Fire Department to determine the cause of the fire.

“We were selling it as vacant, so I guess there’s no change there. It’s still listed for $2.5 million,” Parker said Monday morning. “He had to downgrade at some point, because knocking him out would be the only option.”

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