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$ 3,190,988
Est. payment | /mo
20,000 SqFt
$ 3,190,988
Est. payment | /mo
20,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $159
Subdivision Mi
MLS Listing ID 60405553
Annual Tax Amount $12,105
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 185X100
Property Sub-Type Commercial/Industrial
Property Description
Presenting a premier redevelopment opportunity at 2455 Grand River Ave, Detroit, now featuring seven additional, contiguous properties for a combined footprint of nearly 2 acres. The entire assemblage, including an extra building, is available for $8.9 million - offering unmatched scale and flexibility in downtown Detroit's most exciting growth corridor. This extraordinary site is positioned directly across from the new University of Michigan Innovation Center, soon to be the centerpiece of the University of Michigan's expanding downtown Detroit campus. Situated at the forefront of Detroit's transformation, this location guarantees maximum visibility, foot traffic, and direct access to one of the city's most dynamic neighborhoods. Developers and investors have a truly open canvas: existing zoning allows for redevelopment up to three stories, but there are no height restrictions - create as high a rise as your vision allows. Whether you imagine a landmark residential, commercial, or mixed-use high-rise, this property provides the rare chance to reshape Detroit's skyline while capitalizing on sweeping city views and bustling street activity. The offering boasts exceptional walkability and accessibility, just moments from the Detroit Institute of Arts, Comerica Park, and a host of acclaimed restaurants, entertainment venues, and parks. The location ensures seamless connectivity to downtown's business district, public transit, and major highways, making it a premier choice for any ambitious project. Take advantage of this rare assemblage adjacent to the transformative new U of M campus - an opportunity to lead Detroit's next era of growth. For additional information or to arrange a private tour of 2455 Grand River Ave and its adjoining properties, contact us today and bring your vision to life.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Mixed Use,Multi-Family,Commercial,Industrial
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Financing Cash,Conventional,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by JNA Real Estate
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