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Sold for $2,750,000
  • $2,750,000

    1920 Gratiot Ave, Detroit, MI 48207

    --beds
    --baths
    4.34Acres
    Land
    Built in ----
    4.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,183 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,183/mo

    Zestimate® history
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    What's special

    This 4.34 acre parcel of vacant land at the entrance to Eastern Market and Downtown is bounded by Gratiot Ave, St. Aubin, and the Dequindre Cut Greenway. This strategically located parcel is connected to surrounding neighborhoods via a direct path to the Dequindre Cut, a two-mile, urban recreational pathway, and by extension, the Detroit Riverwalk. 1920 & 1940 Gratiot lend themselves to a phased development, or two separate developments, and could be sold separately or together at $830,000 per acre. This site provides an excellent opportunity to address the unmet demand for housing in this area of the city.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vincent Mazzola 313-963-9891,

    O'Connor Realty Detroit, LLC

    Bought with:

    Christopher Mersino, 6501281294

    MBA Real Estate Services

    Source: Realcomp II,MLS#: 20240040227MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Lot
    • Size: 4.34 Acres
    • Dimensions: 920 x 205
    Details
    • Parcel number: 090013034
    • Zoning description: Commercial, MultiFamily, Office
    • Special conditions: Short Sale No,Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: ELMWOOD PARK URBAN RENEWAL PLAT NO 3 (ALSO P63-70)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/16/2024Sold$2,750,000-23.7%
    Source: Realcomp II #20240040227 Report a problem
    9/23/2024Pending sale$3,602,200
    Source: Realcomp II #20240040227 Report a problem
    6/8/2024Listed for sale$3,602,200
    Source: Realcomp II #20240040227 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Elmwood Park

    Nearby schools

    GreatSchools rating