2449 Grand River Avenue, Highland Park, MI 48201 2517

$232,314

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List Price
$232,314
Status
ACTIVE
MLS#
60404980
Days on Market
491
Acres
0.05
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
More Than One Sub Involved

Property Description

A unique investment opportunity in the heart of Detroit--a property that stands at the intersection of rapid urban growth and the city's vibrant cultural pulse. This coveted address not only puts you in the midst of Detroit's most influential developments, but also offers unmatched access to the city's thriving business and entertainment core, making it an ideal asset for discerning investors seeking both legacy and long-term value. Strategically positioned, this property places you mere moments from some of Detroit's most significant attractions. Comerica Park is walking distance, drawing a steady stream of sports fans and visitors year-round, while the Detroit Institute of Arts--one of America's premier art museums--is a short journey, offering cultural allure right at your doorstep. The renowned Little Caesars Arena lies just a walking distance as well connecting you to major sporting events, concerts, and international shows, ensuring consistent foot traffic and an unbeatable location in Detroit's bustling entertainment district. THE NEW U OF M INOVATION CENTER OF DETROIT is being built across the street, rated positively for its commitment to excellence, highlighting the area's educational advantage and future growth potential. Dining and nightlife flourish nearby, with local favorites such as Grey Ghost Detroit and Sexy Steak Detroit less than one mile from your doorstep, offering a gourmet experience to attract a discerning clientele or future residents. With its prime location, a major artery through Detroit's core--this property boasts excellent visibility and accessibility, enhancing commercial success and tenant attraction. Whether you envision retail, multifamily, or mixed-use possibilities, you can capitalize on the transformative energy fueling Midtown and Downtown Detroit. The property's advantageous setting, surrounded by new developments and energetic revitalization efforts, ensures tremendous upside for both equity growth and consistent returns.

Additional Information

Lot Dimensions
20 x 100
Water
Public
School District
Detroit City School District

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Listing Courtesy of JNA Real Estate, Office Phone: 248-648-0484

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.