REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 340,000
Est. payment | /mo
0.8 Acres Lot
$ 340,000
Est. payment | /mo
0.8 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20221067147
Annual Tax Amount $569
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions 240.00X146.00
Source Realcomp
Property Description
We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood.Development Potential- Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses.- 16 townhome or 30 apartment developmentProperty Description- 1 parcel: 531 E. Grand- 0.80 acres | 35,000sf- 146' frontage on East Vernor Hwy.- 240' frontage on East Grand Blvd.This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction East on Jefferson, Left on East Grand. Property is at the NW corner of E Grand and Vernor
Exterior
View Y/N No
Building
Lot Description Corner Lot, Level
Schools
School District Detroit
Others
Tax ID W15I008056C9
Acceptable Financing Cash
Listing Terms Cash
Listed by Berkshire Hathaway HomeServices The Loft Warehouse
NEARBY SCHOOLS & PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "