Prime Location for Residential Redevelopment

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30048302
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 12,458 SF
Sale Price: $90,000
Unit Price: $7.22 PSF
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2018

Overview / Comments

Awesome residential redevelopment opportunity in the heart of the New Center area. Two separate single family homes together for a package deal. Located one block east of Woodward and one block north of the new Penske Tech Center, the home of the M-1 Rail.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Taxing Authority: City of Detroit
Tax ID/APN: 01002279 and 01002280
Property Located Between: John R. and Brush St.
Legal Description: N CHANDLER 83 CHANDLER AVE SUB L13, P96, PLATS, W C R 1/106 50 X 125 (251 Chandler) N CHANDLER 82 CHANDLER AVE SUB L13, P96, PLATS, W C R 1/106 50 X 125 (261 Chandler)
Largest Nearby Street: Woodward Ave.
Feet of Frontage: 100
Lot Frontage: 100
Lot Depth: 125
Zoning Description: Low density residential district
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,723 169,545 450,015
Median Age: 38.75 36.24 35.07
Households: 7,713 69,849 170,555
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.