1401 Seward AveDetroit, MI 48206

For Sale
$55,500

18,496 SF Development Site, $55,500

Overview

Added:
Dec 11, 2024
Days on market:
92
This 18,496 square foot lot in Detroit, Michigan (APN 06001732), is zoned R3, permitting single-family, townhome, duplex, and multifamily residential development (conditional use for multifamily exceeding 50% studio units). The property benefits from its location within the revitalizing Virginia Park neighborhood, proximate to a significant $3 billion healthcare development encompassing new Henry Ford Hospital facilities, a Michigan State University research center, and over 600 mixed-income housing units. Nearby recent developments include the 27-unit Merrill Place mixed-income housing project. Its strategic position offers easy access to major expressways (M-10, I-75, and I-94), and proximity to key employment centers in New Center, educational institutions (Wayne State University, College of Creative Studies), and numerous amenities. These include retail options (Orange Theory, McDonald's, KFC, Subway, Virginia Park Community Plaza), office buildings, cultural attractions (Motown Museum, Fisher Building), the Detroit Amtrak Station, and public services (Detroit Police Dept - 3rd Precinct, Detroit Library). The property also enjoys convenient access to the Q-Line light rail and several schools. This presents a compelling opportunity for residential development in a rapidly evolving area.

Highlights

  • $55,500 asking price for 18,496 sq ft land parcel.
  • R3 zoning permits single-family, townhome, duplex, and multifamily development (conditional use for >50% studios).
  • Located in Detroit, MI, at 1401 Seward Ave, APN 06001732.
  • For sale by owner.
  • Prime location near major expressways (M-10, I-75, I-94), Henry Ford Hospital, Wayne State University, and other key amenities.

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.370210333088
Longitude
-83.089801586428
1401 Seward Ave, Detroit, Michigan

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1401 Seward Ave
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