2500 Alter Road new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48215
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $271
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50185410
Year Built 1924
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type Industrial
Source MiRealSource
Property Description
Incredible business opportunity. This large parcel is ready for development on seven vacant lots bordering Grosse Pointe Park and all the amenities it has to offer. With six contiguous parcels forming a substantial development footprint, plus one additional lot, this property provides unmatched flexibility for a variety of projects. Large brick structure on one of the lots has plumbing and electrical utilities. Whether you're envisioning residential housing, mixed-use space, or a creative commercial venture, these lots offer the scale and location to make it happen. The contiguous section allows for a unified site plan, while the separate lot provides added possibilities such as additional parking, a satellite retail space, or a standalone residential unit. The area's proximity to Grosse Pointe means you're tapping into a strong market with high demand, exceptional schools, vibrant shopping and dining, and easy access to waterfront recreation. The surrounding community is well-established, offering a built-in customer base and an attractive environment for future residents or businesses. Zoned PD - Planned Development Development. With utilities available and the potential for multiple configurations, the development options are truly endless. Bring your vision as this is the blank canvas you've been waiting for. Seize this rare chance to secure a significant piece of property in a prime location poised for growth with multiple large developments already in progress.
Location
State MI
County Wayne
Area Wayne County - 100
Exterior
View Y/N No
Building
Sewer Public