Owners of an abandoned old house sitting near the new Detroit Red Wings arena are asking for more than $3 million to give up the property.
We're told a group of investors owns the home, and are asking for $3.5 million based on where they see the market going, according to real estate agent Catina Willis.
The Detroit News said the investors paid $25,000 for it 13 years ago, and they are just one of the few holdouts who haven't sold their property to the Ilitch organization.