1920 Gratiot Ave, Detroit, MI 48207
- $2,750,000
- Sold Price
- $2,750,000
- List Price
- $3,602,200
- Closing Date
- Dec 16, 2024
- MLS#
- 20240040227
- Status
- CLOSED
- Subdivision
- ELMWOOD PARK URBAN RENEWAL PLAT NO 3 (ALSO P63-70)
Property Description
This 4.34 acre parcel of vacant land at the entrance to Eastern Market and Downtown is bounded by Gratiot Ave, St. Aubin, and the Dequindre Cut Greenway. This strategically located parcel is connected to surrounding neighborhoods via a direct path to the Dequindre Cut, a two-mile, urban recreational pathway, and by extension, the Detroit Riverwalk. 1920 & 1940 Gratiot lend themselves to a phased development, or two separate developments, and could be sold separately or together at $830,000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.
Additional Information
- Acres
- 4.34
- Acres
- 4.34
- School District
- Detroit
Mortgage Calculator
Courtesy of O'Connor Realty Detroit, LLC 3139639891
Selling Office: MBA Real Estate Services.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.