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$ 385,000
Est. payment /mo
New
2500 Alter Road Detroit, MI 48215
1,420 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $271
Subdivision East End Manor Sub
MLS Listing ID 58050185410
Year Built 1924
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 36000 sq. ft.
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 Det: Mcclellan East/Mack To Shor
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 21062762
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Listed by Michael DeFauw of Sine & Monaghan LLC
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