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Additional details
$ 232,314
Est. payment /mo
Active
2449 Grand River AVE MI 48201
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision More Than One Sub Involved
MLS Listing ID 20251008774
Property Sub-Type ImprovedLand
Property Description
A unique investment opportunity in the heart of Detroit—a property that stands at the intersection of rapid urban growth and the city's vibrant cultural pulse. This coveted address not only puts you in the midst of Detroit's most influential developments, but also offers unmatched access to the city's thriving business and entertainment core, making it an ideal asset for discerning investors seeking both legacy and long-term value. Strategically positioned, this property places you mere moments from some of Detroit's most significant attractions. Comerica Park is walking distance, drawing a steady stream of sports fans and visitors year-round, while the Detroit Institute of Arts—one of America's premier art museums—is a short journey, offering cultural allure right at your doorstep. The renowned Little Caesars Arena lies just a walking distance as well connecting you to major sporting events, concerts, and international shows, ensuring consistent foot traffic and an unbeatable location in Detroit's bustling entertainment district. THE NEW U OF M INOVATION CENTER OF DETROIT is being built across the street, rated positively for its commitment to excellence, highlighting the area's educational advantage and future growth potential. Dining and nightlife flourish nearby, with local favorites such as Grey Ghost Detroit and Sexy Steak Detroit less than one mile from your doorstep, offering a gourmet experience to attract a discerning clientele or future residents. With its prime location, a major artery through Detroit's core—this property boasts excellent visibility and accessibility, enhancing commercial success and tenant attraction. Whether you envision retail, multifamily, or mixed-use possibilities, you can capitalize on the transformative energy fueling Midtown and Downtown Detroit. The property's advantageous setting, surrounded by new developments and energetic revitalization efforts, ensures tremendous upside for both equity growth and consistent returns.
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Exterior
View Y/N No
Garage false
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Contract, Conventional, Trade1031Exchange, WarrantyDeed
Listing Terms Cash, Contract, Conventional, Trade1031Exchange, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by Rashad Elabed of JNA Real Estate