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$179,000
Est. payment /mo
2,466 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,466 sqft
Price per Sqft $72
MLS Listing ID 20251029714
Year Built 1900
Annual Tax Amount $3,157
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25X100
Source Realcomp
Property Description
Get ready to dive into Detroit's hottest real estate scene with this incredible opportunity! These two buildings on the adjacent parcels at 4122-4126 Grand River Ave are primed for a jaw-dropping transformation, turning existing commercial buildings into a modern income-generating masterpiece. Nestled in Woodbridge neighborhood—a stable, charming area brimming with Victorian allure—this property is just one mile away from the brand-new University of Michigan Center for Innovation, set to open in spring 2027! This $250 million hub is sparking economic growth, drawing talent, and boosting property values along Grand River Avenue. Plus, you're less than a mile from the buzzing North Corktown development and a stone's throw from the vibrant Core City neighborhood, where exciting neighborhood staples like Barda restaurant, Puma Detroit, Bev's Bagels, Lady of the House, Motherloaf bread bakery, Materia Art Gallery, Eugenie Archive, Periodicals store, new offices, and award-winning residential are transforming the area into a lively community hub!Picture this: redevelop these parcels into a stunning 7-unit boutique apartment building, blending urban sophistication with cozy community vibes. Check out the attached plans for inspiration.Grand River Avenue is evolving into a dynamic urban corridor, with city plans enhancing streets, transit, and public art—making this the perfect time to invest right in the heart of one of the city's most promising growth zones!Don't miss out on this chance to be part of Detroit's resurgence!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction Two adjacent buildings on Grand River Ave immediately North from Alexandrine and East of Rosa Parks Blvd.
Rooms
Basement Basement
Exterior
View Y/N No
Building
Foundation Block, Slab
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I001174S
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Listed by Nika & Co
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