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1920 Gratiot
4.34 Acres of Commercial Land Offered at $3,602,200 in Detroit, MI 48207
Property Facts
| Price | $3,602,200 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 4.34 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $3,602,200 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.34 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $3,602,200 | Lot Size | 4.34 AC |
| Price Per AC | $830,000 |
| Price | $3,602,200 |
| Price Per AC | $830,000 |
| Lot Size | 4.34 AC |
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. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $763,500 |
PROPERTY TAXES
zoning
| Zoning Code | B2, B4 & R3 |
| B2, B4 & R3 |
-
Vincent Mazzola -
O'Connor Real Estate
Presented by
1920 Gratiot
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