$3,602,200 Pending
1920 gratiot, detroit, MI 48207
Property 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 at $830,000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.
General Information
Sale Price: $3,602,200
Price/SqFt:
Status: Pending
MLS#: 60314288
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: elmwood park urban renewal plat no 3 (also p63-70)
Acres: 4.34
Lot Dimensions: 920x205
Size:
Acreage: 4.34 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $4,823
Est. Winter Taxes: $590
Est. Winter Taxes: $590
Map
Information provided by East Central Association of REALTORS® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Vincent Mazzola of O'Connor Realty Detroit, LLC, Phone: 313-963-9891
