This rare investment opportunity offers an spacious 1928-built corner property in the highly sought-after Virginia Park neighborhood. With 5,628 square feet of space, the property is fully gutted, vacant, and ready for a full rehab—offering potential for a full transformation. Sitting on an 8,276 square foot lot and zoned R2, this property provides flexibility for residential projects. Whether you’re envisioning a multi-family development, mixed-use space, or highly sought-after residential housing, this is the perfect opportunity for your vision Strategically located near key Detroit landmarks, including Henry Ford Hospital, the Motown Museum, and the popular Congregation Coffee House, the property offers prime visibility and accessibility. The seller has provided detailed renderings for an 8-unit residential development. The sale also includes the adjacent lot at 2072 Clairmount, which offers additional space ideal for parking or potential future expansion Virginia Park is one of Detroit’s most sought-after neighborhoods, where ongoing development meets the area’s historic charm. With numerous renovation projects and new constructions transforming the landscape, this property offers an exceptional opportunity to contribute to the growth and vibrancy of this thriving community. With significant recent development, driven by the city's affordable housing initiatives, Virginia Park is a prime location for both investors and full-time residents. The demand for residential and commercial spaces continues to grow, making this property a unique opportunity to participate in Detroit’s ongoing revitalization while contributing to its affordable housing goals. Don’t miss this chance to develop a key piece of Detroit’s future!

Listing courtesy of REALCOMP / Elite Realty

Last checked: Checking… • Last updated Nov 13, 2024 • Source: REALCOMP

MLS# 20240072705 — Report a problem