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2101-2105 Michigan Ave
0.08 Acres of Commercial Land Offered at $399,000 in Detroit, MI 48216
Investment Highlights
- Prime Corktown location with flexible zoning
- Located next to Michigan Central Train Station Project Development and Roosevelt Park
- 62 FT of Michigan Ave Frontage
- Large Corner Lot
Executive Summary
Sale includes both 2101 Michigan Ave (0.054 Acres, 2360 Sq Ft, 42x56, 42 Feet of Michigan Ave Frontage)
and
2105 Michigan Ave (0.021 Acres, 915 Sq Ft, 20x46, 20 Feet of Michigan Ave Frontage)
Total of 0.075 Acres, 3275 Sq Ft, 62 x 56/46, 62 feet of south frontage, Michigan Ave, Corktown.
Zoned B-4, Opportunity Zone, Flexible Zoning, Business/Commercial.
Send LOI/POF/Offers to sam@usinvestorgroup.com and al@usinvestorgroup.com
Property Facts
| Price | $399,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $399,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.08 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $399,000 | Lot Size | 0.08 AC |
| Price Per AC | $5,306,980 |
| Price | $399,000 |
| Price Per AC | $5,306,980 |
| Lot Size | 0.08 AC |
PRIME CORKTOWN 3275 SqFt (0.075A) Corner Vacant Lot 62 FEET OF FRONTAGE ON MICHIGAN AVE zoned B-4 Business/Commercial, adjacent to Ford's 1B Michigan Central Station project, Roosevelt Park, MGM Grand Detroit and newly built Hilton Godfrey Hotel.
Description
PRIME INVESTMENT OPPORTUNITY IN CORKTOWN, one of Detroit's fasted developing communities. Lot consists of 2 adjacent parcels, 2101 and 2105 Michigan Ave, totaling 3,275 Sq Ft (0.075 Acres) with 62 Feet of direct Michigan Ave Frontage. Corner lot, south side of Michigan Ave and Wabash St. Parcels are a few feet away from Ford Motor Company's 1 Billion Dollar Michigan Central Station Project Development, recently completed 6 Million Dollar Roosevelt Park transformation and many retailers. This growing and vibrant community is located a few minutes from Downtown Detroit and major expressways, I-75 and I-96. Flexible zoning allowing for office, retail, medical, multi-family or mixed use. Located in the designated Detroit Opportunity Zone with potential to build up to 4 stories in the heart of Corktown. This is an opportunity of a lifetime to own property with unlimited potential.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $70,400 |
PROPERTY TAXES
zoning
| Zoning Code | B4 (Flexible zoning allowing for office, retail, medical, multi-family and mixed use. Located in Detroit's Opportunity Zone.) |
| B4 (Flexible zoning allowing for office, retail, medical, multi-family and mixed use. Located in Detroit's Opportunity Zone.) |
Presented by
U.S. Investor Group
2101-2105 Michigan Ave
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