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$ 1,250,000
Est. payment | /mo
3.72 Acres Lot
$ 1,250,000
Est. payment | /mo
3.72 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240017324
Originating Board Realcomp
Annual Tax Amount $2,242
Lot Size 3.720 Acres
Acres 3.72
Lot Dimensions 307 x 550
Property Description
Situated in a prime location just minutes from Corktown, the Core Cities neighborhoods, and the newly established Ford Mobility Center at Michigan Central train station, this unique offering spans an entire 3.72-acre city block with direct access from Mack Ave and I-96. Perfect for residential or mixed-use projects, the site neighbors land bank parcels, opening the door to shape a fresh neighborhood in Detroit's dynamic landscape. Currently zoned as M3 (General Industrial) and steeped in history as the former Thorn Apple Valley meat smoking factory, it offers both nostalgic charm and vast developmental potential. To streamline the acquisition, the seller is providing favorable financing options, ready to hold at a competitive 6 interest. A stellar opportunity for developers to spearhead Detroit's urban revival.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Light Industri
Direction GRAND RIVER TO MLK AND GO WEST ON TILLMAN
Exterior
View Y/N No
Building
Lot Description Corner Lot
Schools
School District Detroit
Others
Tax ID W12I000461C5
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Listed by Berkshire Hathaway HomeServices The Loft Warehouse