$3,602,200
1920 Gratiot Avenue Detroit, MI 48207
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$3,602,200
Est. payment /mo
4.34 Acres Lot
Pending
1920 Gratiot Avenue Detroit, MI 48207
UPDATED:
09/23/2024 01:54 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60314288
Style Vacant Land
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 Detroit (82001)
Zoning Multi-Family,Professional Office,Commercial
Exterior
Waterfront No
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by O'Connor Realty Detroit, LLC
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