$340,000 For Sale

531 E Grand Blvd
Detroit, MI 48207

lot: 0.8 acres | Residential Lots & Land - MLS# 20221067147
Property Photo
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Description

We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood.Development Potential- Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses.- 16 townhome or 30 apartment developmentProperty Description- 1 parcel: 531 E. Grand- 0.80 acres | 35,000sf- 146' frontage on East Vernor Hwy.- 240' frontage on East Grand Blvd.This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48207
  • School District: Detroit
  • Lot Size: 0.8 acres
  • Directions: East on Jefferson, Left on East Grand. Property is at the NW corner of E Grand and Vernor
  • List Price Acre: 425000
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.8
  • Lot Size Square Feet: 34848
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Land
  • Parcel Number: W15I008056C9
  • Street Type: Paved
  • Tax Annual Amount: 569
  • Tax Legal Description: W E GRAND BLVD S 35FT 179, 180-183 LOTHROP EST CO LTD SUB L24 P21 PLATS, WCR 15/106 240.55 X 146.30
Courtesy of Jerome Huez, Berkshire Hathaway HomeServices The Loft Warehouse
Source: Michigan Regional Information Center (MichRIC)
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