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This 4.34 acre parcel of vacant land at the entrance to Eastern Market and Downtown is bounded by Gratiot Ave, St. Aubin, and the Dequindre Cut Greenway. This strategically located parcel is connected to surrounding neighborhoods via a direct path to the Dequindre Cut, a two-mile, urban recreational pathway, and by extension, the Detroit Riverwalk. 1920 & 1940 Gratiot lend themselves to a phased development, or two separate developments, and could be sold separately or together at $830,000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.

Type
- Vacant Land
City/Township
- Detroit
Year Built
- 0
MLS#
- 20240040227
Lot Size
- 4.34 Acres
Zoning
- Commercial,Mult
Est. Finished Above Ground
- 0 sq ft
Road Type
- Paved
Listed By
- O'Connor Realty Detroit, Llc
County
- Wayne
Schools
District
- Detroit
Taxes
Taxes
- $5,413
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
---|---|---|---|---|---|---|---|
20240040227 | Sold | Pending | Dec 18 2024 4:50AM | $2,750,000 | 107 | ||
20240040227 | Pending | Active | Sep 23 2024 9:55AM | 107 | |||
20240040227 | Active | Jun 8 2024 5:30PM | $3,602,200 | 107 |