MI > Detroit > Elmwood Park Urban Renewal Plat No 3 (Also P63-70)
Detroit, MI 48207,1920 Gratiot Avenue
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JEFF HIGGINS

JEFF HIGGINS

+1(248) 233-6165
$ 3,602,200
Est. payment | /mo

4.34 Acres Lot

Save
$ 3,602,200
Est. payment | /mo
Save

4.34 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Elmwood Park Urban Renewal Plat No 3 (Also P63-70)

MLS Listing ID 20240040227

Originating Board Realcomp II Ltd

Annual Tax Amount $5,413

Lot Size 4.340 Acres

Acres 4.34

Lot Dimensions 920x205

Property Description

This 4.34 acre parcel of vacant land at the entrance to Eastern Market and Downtown is bounded by Gratiot Ave, St. Aubin, and the Dequindre Cut Greenway. This strategically located parcel is connected to surrounding neighborhoods via a direct path to the Dequindre Cut, a two-mile, urban recreational pathway, and by extension, the Detroit Riverwalk. 1920 & 1940 Gratiot lend themselves to a phased development, or two separate developments, and could be sold separately or together at $830,000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial,Multi-Family,Office

Direction On the Dequindre cut greenway between Gratiot and St Aubin

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 090013034

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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1920 Gratiot Avenue