Grand River Commercial Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30298659
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 14,640 SF
Sale Price: $180,000
Unit Price: $12.30 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2018

Overview / Comments

- High Visibility commercial property located on Grand River Ave.
- Close proximity to Downtown Detroit
- Close proximity to residential, cultural, commercial, and governmental developments
- High Traffic counts entering and exiting the CBD

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 08001126., 08008128., 08008129.
Zoning: B4 - COMMERCIAL BUSINESS DISTRICT
Property Located Between: Located on the corner of W. Grand River & Rosa Parks Blvd.
Property Visibility: Excellent
Legal Description: S GRAND RIVER 15 THRU 13 ALBERT CRANES SEC L1 P11 PLATS, W C R 8/49 60 IRREG W TWELFTH 16&17 ALBERT CRANES SEC L1 P11 PLATS, W C R 8/49 55 IRREG W TWELFTH 18&19 ALBERT CRANES SEC L1 P11 PLATS, W C R 8/49 59.3 IRREG
Largest Nearby Street: Rosa Parks Blvd.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,438 152,187 367,399
Median Age: 33.5 34.98 34.73
Households: 8,756 61,808 139,874
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