4438 Grand River AveDetroit, MI 48208

This exceptional offering presents three distinct parcels of vacant land in Detroit's vibrant Woodbridge neighborhood. The properties, located along Grand River Avenue between Forest and Calumet, range in size from 0.78 to 3.78 acres. Their strategic location offers unparalleled proximity to downtown Detroit and Wayne State University, enhancing their development potential. The site is adjacent to a recently completed $19.57 million, 60-unit mixed-income residential development at 4401 Rosa Parks, indicating a strong commitment to neighborhood revitalization. The land is zoned SD-1, encouraging a mix of small-scale, pedestrian-oriented uses compatible with a neighborhood setting. This zoning promotes transit and non-motorized transportation, with reduced parking requirements in certain circumstances. Shared parking is encouraged, and establishments serving alcohol on-premises are permitted without spacing restrictions to stimulate pedestrian activity. The rich history of Woodbridge, dating back to the 1870s, combined with its modern development, creates a unique opportunity. Furthermore, a potential buyer could explore acquiring additional adjacent city-owned parcels and unutilized streets and alleyways, expanding the development footprint. The asking price for this portfolio is $390,000. This is a rare chance to acquire prime land in a rapidly evolving and desirable area of Detroit.