2500 Alter Road, Detroit, MI 48215
2500 Alter Road, Detroit, MI 48215
2500 Alter Road, Detroit, MI 48215
2500 Alter Road, Detroit, MI 48215
2500 Alter Road, Detroit, MI 48215
2500 Alter Road, Detroit, MI 48215
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$ 350,000
Est. payment | /mo

1,420 SqFt


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$ 350,000
Est. payment | /mo
Save

1,420 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $246

Municipality Detroit City

Subdivision Detroit City

MLS Listing ID 50185410

Year Built 1924

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Industrial

Source MiRealSource

Property Description

Incredible business opportunity. This large parcel is ready for development on seven vacant lots bordering Grosse Pointe Park and all the amenities it has to offer. With six contiguous parcels forming a substantial development footprint, plus one additional lot, this property provides unmatched flexibility for a variety of projects. Large brick structure on one of the lots has plumbing and electrical utilities. Whether you're envisioning residential housing, mixed-use space, or a creative commercial venture, these lots offer the scale and location to make it happen. The contiguous section allows for a unified site plan, while the separate lot provides added possibilities such as additional parking, a satellite retail space, or a standalone residential unit. The area's proximity to Grosse Pointe means you're tapping into a strong market with high demand, exceptional schools, vibrant shopping and dining, and easy access to waterfront recreation. The surrounding community is well-established, offering a built-in customer base and an attractive environment for future residents or businesses. Zoned PD - Planned Development Development. With utilities available and the potential for multiple configurations, the development options are truly endless. Bring your vision as this is the blank canvas you've been waiting for. Seize this rare chance to secure a significant piece of property in a prime location poised for growth with multiple large developments already in progress.

Location

State MI

County Wayne

Exterior

View Y/N No

Building

Sewer Public

Others

Tax ID 21062762.

Listed by Sine & Monaghan LLC

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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2500 Alter Road

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