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$350,000 for Sale
2500 alter, detroit, MI 48215
Property Description
Incredible business opportunity. This large parcel is ready for development on seven vacant lots bordering Grosse Pointe Park and all the amenities it has to offer. With six contiguous parcels forming a substantial development footprint, plus one additional lot, this property provides unmatched flexibility for a variety of projects. Large brick structure on one of the lots has plumbing and electrical utilities. Whether you?re envisioning residential housing, mixed-use space, or a creative commercial venture, these lots offer the scale and location to make it happen. The contiguous section allows for a unified site plan, while the separate lot provides added possibilities such as additional parking, a satellite retail space, or a standalone residential unit. The area?s proximity to Grosse Pointe means you?re tapping into a strong market with high demand, exceptional schools, vibrant shopping and dining, and easy access to waterfront recreation. The surrounding community is well-established, offering a built-in customer base and an attractive environment for future residents or businesses. Zoned PD - Planned Development Development. With utilities available and the potential for multiple configurations, the development options are truly endless. Bring your vision as this is the blank canvas you?ve been waiting for. Seize this rare chance to secure a significant piece of property in a prime location poised for growth with multiple large developments already in progress.
General Information
Sale Price: $350,000
Price/SqFt: $246
Status: Active
MLS#: 50185410
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.83
Lot Dim: 36000 sq. ft.
Size: 1,420 sq.ft.
Acreage: 0.83 est.
Year Built: 1924
Property Type: Commercial/Industrial
Tax, Fees & Legal
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Michael DeFauw of Sine & Monaghan LLC
This listing last updated: Wed, February 25, 2026 at 11:58:09 AM EST
MIRealSource Listing Data Last Updated On Tuesday, April 7 2026 at 1:15am
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Listings presented by:
Michael DeFauw
Sine & Monaghan LLC
Call: (313) 820-5428 |