For Sale $450,000
Property Type VacantLand
Lot Size 0.21 Acre
Additional Rent Contact for pricing
Date Updated Nov 7, 2024

Detroit is the most populous city in the U.S. state of Michigan. It is the largest U.S. city on the Canadian border and the county seat of Wayne County. Detroit had a population of 639,111 at the 2020 census, making it the 26th-most populous city in the United States. The Metro Detroit area, home to 4.3 million people, is the second-largest in the Midwest after the Chicago metropolitan area and the 14th-largest in the United States. A significant cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. Immerse yourself in the vibrant surroundings of Detroit, MI, as you consider the investment potential of the area surrounding the property. Located in a dynamic neighborhood, the area offers proximity to notable attractions such as the historic Eastern Market, known for its diverse array of vendors and lively atmosphere. With close access to the bustling downtown district, potential tenants will find themselves amidst an array of dining, retail, and cultural destinations. The nearby presence of esteemed institutions like Wayne State University and the Detroit Medical Center underscores the area's appeal to office and commercial tenants seeking a strategic location with access to top talent. Embrace the energy and opportunity present in this prime Detroit location.Positioned in the thriving Detroit area, this exceptional property presents an unparalleled opportunity for astute Land and Other investors. Spanning across 3101, 3105, and 3113 Franklin Avenue, this expansive site offers versatility and potential for a wide range of development projects. Boasting a strategic location and ample space, the property provides a blank canvas for visionary development or land utilization, capitalizing on the robust growth and opportunities presented by the Detroit area. Don't miss the chance to transform this prime location into a lucrative venture that aligns with your investment goals and vision.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Expansive combined lot across 3101, 3105, and 3113 Franklin Avenue
Strategic location in the thriving Detroit area
Versatile potential for a wide range of development projects
Ample space for visionary land utilization
Prime opportunity for transformative development ventures
Ideal canvas for a diverse array of investment opportunities
Positioned to capitalize on the growth of the Detroit market
Potential to align with a variety of investment goals and visions

Contacts

Terry Edmondson

Exclusive Realty

Location

Getting Around

Walk Score ®
81/100 Very Walkable
Transit Score ®
50/100 Good Transit
Bike Score ®
83/100 Very Bikeable

Map
Street

City Detroit, MI
Neighborhood Lower East Central
Zip Code 48207
Market Detroit

Points of Interest

Renaissance Center

1.35 miles
Greektown

1.35 miles
Congress Street

1.61 miles
Broadway

1.63 miles
Campus Martius

1.64 miles
Financial District

1.70 miles
Grand Circus Park

1.75 miles
Montcalm Street

1.82 miles
Huntington Place

1.86 miles
Adelaide Street

1.89 miles

Shell

0.29 miles
Marathon

0.47 miles
Mobil

0.54 miles
Speedway

1.12 miles
BP

1.17 miles
Beaubien Place Garage

1.29 miles
Sunoco

1.34 miles
eVgo

1.37 miles
ChargePoint

1.55 miles
Tesla, Inc.

1.55 miles

River Place Parking Garage

0.09 miles
Detroit Riverwalk Parking

0.95 miles
River East Garage

1.04 miles
D-2 Lot

1.08 miles
D-4 Lot

1.09 miles
GM Lot

1.12 miles
D-3 Lot

1.14 miles
D-1 Lot

1.15 miles
BCBS Employee Deck

1.16 miles
Greektown Casino Self Parking Garage

1.18 miles

Baymont Downtown Detroit

0.16 miles
Roberts Riverwalk Hotel

0.22 miles
Comfort Inn

0.53 miles
Rivertown Inn & Suites

0.95 miles
Hollywood Casino at Greektown

1.25 miles
Detroit Marriott at the Renaissance Center

1.38 miles
Atheneum Suite Hotel

1.38 miles
Courtyard Detroit Downtown

1.40 miles
Hilton Garden Inn Detroit Downtown

1.47 miles
The Siren Hotel

1.65 miles

Rivertown Pizza Papalis

0.13 miles
Bread Basket Deli

0.15 miles
Tubby's

0.16 miles
Breadless

0.18 miles
Bucharest Grill

0.21 miles
Jet's Pizza

0.31 miles
Subway

0.32 miles
Peking Express

0.34 miles
Little Caesars

0.51 miles
Happy's Pizza

0.53 miles

Detroit Academy of Arts and Sciences

0.12 miles
University Prep Science & Math High School

0.24 miles
Martin Luther King High School

0.38 miles
Bunche Preparatory Academy

0.50 miles
Walter P. Chrysler Elementary School

0.87 miles
University Prep Science & Math Elementary - Sidney D. Miller Campus

0.93 miles
Woodward Academy

1.07 miles
Ralph Bunche Elementary School

1.13 miles
University of Detroit Mercy Law School

1.17 miles
Field School

1.20 miles

Sha-Sha's Kiddy Korner

1.72 miles
Midtown KinderCare

1.99 miles
Matrix Headstart

2.13 miles
Kingdom Care Learning Center

3.17 miles
Matrix Head Start Infinity II

3.36 miles
Once Upon a Time Child World

3.46 miles
United Children & Family Head Start

3.78 miles
Vista's Nuevas Headstart Gasper Fiore Center

4.06 miles
Henry Ford Kids Child Care Center

4.22 miles
Angel Land Child & Parent Center

5.01 miles

Frequently Asked Questions

How much does Parking Lot cost?

The space currently listed for sale at Parking Lot asks for $450,000.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.