2101 MICHIGAN Avenue, Detroit, MI 48216 - MLS#20240047694

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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 499,000

Est. payment -/mo

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Price Dropped by $116K

2101 MICHIGAN Avenue Detroit, MI 48216

2,178 Sqft Lot

UPDATED:

11/19/2024 10:58 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Plat Of Pt Of Peter Godfroy Farm Pc 726 (Plats)

MLS Listing ID 20240047694

Originating Board Realcomp II Ltd

Annual Tax Amount $476

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 42.00 x 56.00

Property Description

****MASSIVE PRICE DROP****NEXT TO FORD BILLION DOLLAR TRAIN STATION...PRIME INVESTMENT OPPORTUNITY IN CORKTOWN, one of Detroit's fasted developing communities. Lot consists of 2 adjacent parcels, 2101 and 2105 Michigan Ave, totaling 3,275 Sq Ft (0.075 Acres) with 62 Feet of direct Michigan Ave Frontage. Corner lot, south side of Michigan Ave and Wabash St. Parcels are a few feet away from Ford Motor Company's 1 Billion Dollar Michigan Central Station Project Development, recently completed 6 Million Dollar Roosevelt Park transformation and many retailers. This growing and vibrant community is located a few minutes from Downtown Detroit and major expressways, I-75 and I-96. Flexible zoning allowing for office, retail, medical, multi-family or mixed use. Located in the designated Detroit Opportunity Zone with potential to build up to 4 stories in the heart of Corktown. This is an opportunity of a lifetime to own property with unlimited potential.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Commercial,Multi-Family,Multiple,Office

Direction South side of Michigan Ave between Rosa Parks Blvd and 14th Street

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Tax ID W10I000219S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Sam Berri of U.S. Investor Group

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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