Prime Commercial Lot on Gratiot Ave just minutes from downtown Detroit with incredible visibility and high traffic count (over 25,000 vehicles per day) —perfect for your next business venture or investment. This 0.05-acre gated parcel sits at the corner of Gratiot and Mt. Elliot, surrounded by ongoing redevelopment and easy access to major freeways. Zoned M3: General Industrial with public water and sewer available, the lot measures 40x51.32 and offers an affordable opportunity in a rapidly growing area. Whether you're looking to build now or hold as a long-term investment, this location in the growing Eastern Market corridor is packed with potential. Welcome Home!
General Information
Sale Price: $28,500
Price/SqFt:
Status: Active
MLS#: 20251031261
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: meldrum farm sub
Acres: 0.05
Lot Dimensions: 40X51.32
Size:
Acreage: 0.05 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $222 Est. Winter Taxes: $371
Legal Description: S GRATIOT 18&19EXC GRATIOT AVE AS WD SUB OF PT MELDRUM FARM L8 P95 PLATS, W C R 15/54 40 X 51.32A
