516 Ashland St, Detroit, MI 48215

Property Description

Unique opportunity to build a "grandfathered" livable boathouse on a canal with 30 feet of frontage, with direct access to the Detroit River. The rapidly growing Jefferson Chalmers neighborhood feels like a quaint fishing village, with its canals feeding to the river. Originally holding a 1400 SF, two-story house built over two boat wells, the property was damaged by a fire in 2020. With part of the structure remaining, there is a grandfathered opportunity to build back to original specifications or simply build a boat lift with a garage/ guesthouse/ structure above it. Originally the owner was able to park their boats beneath the house and walk up to the living quarters. There are still 2 concrete boat wells with a concrete lip to the left and front. The wells are big enough for speedboats and small watercraft. The structure will need to be replaced but enough remains to grandfather in the build to the original footprint or simply build a boathouse/ guesthouse with a boat lift and build a livable house in front of the wells. Consult an architect or other knowledgeable professional for the specific details. A great opportunity for the right investor/developer.