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Downtown Realty

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

$ 50,000

Est. payment -/mo

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Active

516 Ashland Street Detroit, MI 48215

4,356 Sqft Lot

UPDATED:

10/04/2024 07:35 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Fox Creek (Plats)

MLS Listing ID 20240073839

Originating Board Realcomp II Ltd

Annual Tax Amount $308

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 30 x 140

Property Description

Unique opportunity to build a "grandfathered" livable boathouse on a canal with 30 feet of frontage, with direct access to the Detroit River. The rapidly growing Jefferson Chalmers neighborhood feels like a quaint fishing village, with its canals feeding to the river. Originally holding a 1400 SF, two-story house built over two boat wells, the property was damaged by a fire in 2020. With part of the structure remaining, there is a grandfathered opportunity to build back to original specifications or simply build a boat lift with a garage/ guesthouse/ structure above it. Originally the owner was able to park their boats beneath the house and walk up to the living quarters. There are still 2 concrete boat wells with a concrete lip to the left and front. The wells are big enough for speedboats and small watercraft. The structure will need to be replaced but enough remains to grandfather in the build to the original footprint or simply build a boathouse/ guesthouse with a boat lift and build a livable house in front of the wells. Consult an architect or other knowledgeable professional for the specific details. A great opportunity for the right investor/developer.

Location

State MI

County Wayne

Area Det: Mcclellan East/Mack To Shor

Zoning Residential

Direction Jefferson Ave to Ashland St, S on Ashland, property on the left

Exterior

Pool No

Waterfront yes

Waterfront Description Canal Access,Canal Front,Direct Water Frontage,Private Water Frontage,River Access

Water Access Desc Navigable,

Road Frontage Paved, Pub. Sidewalk

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W21I061932S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Berkshire Hathaway HomeServices The Loft Warehouse

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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