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$ 390,000
Est. payment | /mo
0.78 Acres Lot
$ 390,000
Est. payment | /mo
0.78 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240057846
Annual Tax Amount $671
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 365x135
Source Realcomp
Property Description
We are pleased to offer three packages of prime vacant land in the vibrant and historic Woodbridge neighborhood of Detroit, with options ranging from 0.78 acres to 3.78 acres ($500,000 per acre). Located along Grand River Avenue between Forest Avenue and Calumet Street, the land is adjacent to the new four-story $19.57-million development with 60 mixed-income residential units at 4401 Rosa Parks. It's ideally situated close to Downtown and Wayne State University. With its rich history dating back to the 1870s as a single-family home neighborhood and its expansion in the 1920s (adding large apartment buildings), Woodbridge offers a unique blend of historic charm and modern development. A potential purchaser could petition the city to acquire additional surrounding city-owned parcels and unvacated streets and alleyways.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multi-Family,M
Direction Grand River and Rosa Parksbetween Forest Ave and Calumet
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 080011556
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by O'Connor Realty Detroit, LLC
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