Residential Land For Sale

Picture of Residential Land For Sale in Detroit, Michigan, United States

$390,000

4438 Grand River Ave
Detroit, Michigan, United States

Listed By: Realtyww Info

Listed On: 08/08/2024

Listing ID: GL11679817 View More Details

Description

We are pleased to offer three packages of prime vacant land in the vibrant and historic Woodbridge neighborhood of Detroit, with options ranging from 0.78 acres to 3.78 acres ($500, 000 per acre). Located along Grand River Avenue between Forest Avenue and Calumet Street, the land is adjacent to the new four-story $19.57-million development with 60 mixed-income residential units at 4401 Rosa Parks. It's ideally situated close to Downtown and Wayne State University. With its rich history dating back to the 1870s as a single-family home neighborhood and its expansion in the 1920s (adding large apartment buildings), Woodbridge offers a unique blend of historic charm and modern development. A potential purchaser could petition the city to acquire additional surrounding city-owned parcels and unvacated streets and alleyways.

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Listed by: Vincent Mazzola