We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood. Development Potential - Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses. - 16 townhome or 30 apartment development Property Description - 1 parcel: 531 E. Grand - 0.80 acres | 35,000sf - 146' frontage on East Vernor Hwy. - 240' frontage on East Grand Blvd. This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.
General Information
Sale Price: $340,000
Price/SqFt:
Status: Active
MLS#: 20221067147
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: j b mc kays sub (deeds)
Acres: 0.8
Lot Dimensions: 240.00X146.00
Size:
Acreage: 0.8 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $509 Est. Winter Taxes: $60
Legal Description: W E GRAND BLVD S 35FT 179, 180-183 LOTHROP EST CO LTD SUB L24 P21 PLATS, WCR 15/106 240.55 X 146.30