2445 Grand River Avenue
Highland Park, MI 48201

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Description

Presenting a rare development and investment opportunity with a total of 8 contiguous parcels, including 2 buildings and expansive vacant improved land, directly across from the new University of Michigan Innovation Center campus in Detroit. Priced at $8.9 million for the complete package, all parcels are adjacent and will be sold together, offering a unique footprint in an area poised for significant growth.This offering is positioned at the heart of Detroit's future, making it ideal for visionary investors and developers seeking to capitalize on the momentum surrounding the new U of M Innovation Center. The prime location ensures high visibility and accessibility, while the vast land and existing structures create endless possibilities for commercial, educational, or mixed-use projects.With proximity to major universities, healthcare hubs, growing business districts, and vibrant urban amenities, these parcels promise current appeal and remarkable long-term potential. The opportunity to own this much continuous land in such a key corridor is exceptionally rare, allowing you to shape the future landscape of Detroit right next to a world-class institution.Seize this chance to invest alongside major development and innovation. Contact the agent today for details, to review property information, or to arrange a site visit and explore the full range of possibilities this exceptional assemblage offers.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48201
• Subdivision/Neighborhood: Cass Farm Sub
• School District: Detroit
• Lot Size: 2178 sq ft lot
• Directions: Grand River, I75 Downtown Detroit Exit
• List Price Acre: 4646280
• Lot Size Area: 0.05
• Lot Size Square Feet: 2178
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 040004949
• Tax Annual Amount: 1244
• Tax Legal Description: S GRAND RIVER 7 BLK 72 CASS FARM SUB L1 P173 PLATS, W C R & THAT PT OF P C 247 LYG BETW E & W LINE OF LOT 7 EXTD SLY TO N LINE OF ALLEY 1ST S OF GRD RIVER 4/18 20 X 100