71 W GRAND Boulevard Detroit, MI ^$ 2,500,000

71 W GRAND Boulevard

^$ 2,500,000

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71 W GRAND Boulevard

Detroit, MI, 48216

^$ 2,500,000

Studio Baths0.0

Monthly Estimate*

^$ 17,463

71 W GRAND Boulevard, Detroit, MI 48216 - Image 1

71 W GRAND Boulevard, Detroit, MI 48216 - Image 2

71 W GRAND Boulevard, Detroit, MI 48216 - Image 3

71 W GRAND Boulevard, Detroit, MI 48216 - Image 4

71 W GRAND Boulevard, Detroit, MI 48216 - Image 5

71 W GRAND Boulevard, Detroit, MI 48216 - Image 6

71 W GRAND Boulevard, Detroit, MI 48216 - Image 7

Studio

Lots and Land for sale in Detroit, MI

for $2,500,000. The lot size is 0.66.

Attention developers, entrepreneurs and investors: This unique and rare riverfront opportunity at the end of West Grand Boulevard boasts proximity to the iconic Ford train station and unveils spectacular views of the Detroit River and the Ambassador and Gordie Howe bridges. This property offers two sound buildings, measuring approximately 2800 and 3000 square feet. The true value lies in the sprawling land and location. Adjacent to Riverside Park and just minutes away from Downtown, Corktown and all major highways, this property opens doors to endless possibilities. Sale includes 71-73 W Grand Blvd and 102 Vinewood Street, totaling .66 acres of land. Land contract and commercial lease also available. Please do not approach tenants.

Lots and Land Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 35

Style

Vacant Land

Lot Size

0.66

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60302515

Features

General

Possession At Close

Water Public Water at Street

Status Active Active

Subdivision ASSESSORS DETROIT PLAT NO 6 (PLATS) MI

Style Vacant Land

County Wayne

Class VACANT LAND

Type Vacant Land

Percent Ownership Private

Municipality Detroit

Zoning Commercial Multi-Family Residential

Area Detroit (82001)

Primary City Detroit

Directions From downtown Detroit travel south on Fort Street then turn left (east) onto Grand Blvd. You'll find the property on the right side just before the train tracks.

City Detroit

School District Detroit City School District

Street Name GRAND

Financial Terms Cash Conventional

Legal Description W GRAND BLVD W 114ASSESSORS DETROIT PLAT # 6 L72 P67 PLATS WCR 14/218 58 X 68

DOM 22

Postal Code 48216

Price Per Sq Ft 3787878.79

Coming Soon Attention developers

Exterior

Frontage 0

Lot Size Area 0.66

Lot Dimensions 58.00 x 68.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Marco Morales

Listing Agent

O'connor Realty Detroit, Llc

Broker

marco@oconnordetroit.com

Affordability Calculator

$17,466

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: $3
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Detroit, MI

Average List Price ^$68,868

Percent of Sale Price 97%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2024	$2,500,000		Listed Price

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71 W GRAND Boulevard, Detroit, MI, 48216 is a Lots and Land for sale at $2,500,000 with a lot size of 0.66. 71 W GRAND Boulevard is a studio with 0.0 baths. The property's zip code is 48216 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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71 W GRAND Boulevard

Lots and Land for sale in Detroit, MI

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