Gratiot Ave. Re-Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 29984562
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 31,990 SF
Sale Price: $87,973
Unit Price: $2.75 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2016

Overview / Comments

Unique re-development opportunity on Gratiot Ave. in Detroit.
Close proximity to I-94

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 17000628.
Zoning: GENERAL BUSINESS DISTRICT
Property Visibility: Excellent
Legal Description: S GRATIOT 13 THUR 1 AND VAC ALLEY ADJ EXC GRATIOT AS WIDENED BLK 32 SUB OF PT OF COOK FARM L19 P73 PLATS, W C R 17/116 ALSO 37&38 MEREDITHS NEWLAND AVE PARK SUB L28 P92 PLATS, W C R 17/203 ALSO 1 EXC S 20 FT AND VAC ALLEY ADJ STEPHENSON & TREBIEN COS SUB
Largest Nearby Street: I-94 and Van Dyke
Highway Access: Close proximity to I-94

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,285 151,332 407,359
Median Age: 38.31 35.45 34.76
Households: 6,086 58,146 155,121

Contact

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