7,405 Sqft Lot
7,405 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision More Than One Sub Involved
MLS Listing ID 20251008824
Annual Tax Amount $13,074
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 234x30
Source Realcomp II Ltd
Property Description
Notably, this assemblage is situated directly across the street from the site of the new University of Michigan Innovation Center, which is being developed as a centerpiece of the upcoming U of M downtown Detroit campus. This exciting project is set to drive innovation, business activity, and create increased demand in the immediate area, making this property package an exceptional choice for visionary developers.
The property itself features a solidly built structure with a distinctive exterior, highlighting the local architectural character. Inside, open and flexible spaces provide the perfect canvas for redevelopment—whether you envision upscale residential units, creative office space, or dynamic commercial concepts. Large floor plates, high ceilings, and excellent natural light create outstanding usability and design potential on a grand scale. The inclusion of 8 additional parcels opens doors for expansive new construction or transformative mixed-use development, offering flexibility for a wide range of projects.
This development opportunity is further enhanced by its proximity to major Detroit institutions. In addition to the soon-to-open U of M Innovation Center across the street, Wayne State University is less than a quarter mile away, ensuring consistent activity from students and professionals.
This is an extraordinary opportunity to acquire a central Midtown Detroit property bundled with close to 2 acres and 8 adjacent parcels—directly across from Detroit's newest university innovation center. Properties of this scale, quality, and opportunity are virtually unmatched.
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Commercial,Heavy Industrial,Multi-Family,Multiple
Direction Grand River, I75 Downtown Detroit Exit
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 04003622
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional, Trade/Exchange, Warranty Deed
Listing Terms Cash, Contract, Conventional, Trade/Exchange, Warranty Deed
Financing Cash,Contract,Conventional,Trade/Exchange,Warranty Deed
