Vacant Land for Sale
Catylist Listing ID: 30834873
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 407,575 SF
Sale Price: $4,950,000
Unit Price: $12.15 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/24/2023

Overview / Comments

In partnership with the Detroit Building Authority (DBA), the City of Detroit’s Housing and Revitalization Department (HRD) and Planning and Development Department (PDD) seek proposals from qualified entities to propose a development for this prime Waterfront location. The development site is located at 2 Saint Jean, directly across from Belle Isle and immediately adjacent to Riverside Marina, Safe Harbor Marina, Bayview Yacht Club, and Morgan Waterfront Estates. The site is approximately 407,575 square feet, or 9.36 acres. This acreage is inclusive of approximately 2 acres of property located in the Canal. The City of Detroit seeks proposals for new development that will build upon the inherent strengths of this rare location and properly unlock its potential.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: 21000059
Zoning: PD
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,567 84,718 218,226
Median Age: 42.55 39.59 36.77
Households: 1,974 34,264 85,050
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