531 E Grand Boulevard

Islandview
$370,000
35,284 Square Feet

Located along highly traveled Grand Boulevard in the Islandview neighborhood of Detroit, and within walking distance to some of Detroit’s most cherished shops and restaurants including Sister Pie, Red Hook Coffee Shop, Marrow, and many others. The 35,284-square-foot corner lot is within a five-minute drive of Detroit Waldorf School, and a few blocks from the Detroit Riverfront. The large lot size offers 386’ of street frontage in total and R5 zoning makes this a well suited site for medium-density residential or mixed-use new development. Property values in the immediate area reach up to $400/sq ft for condos and up to $400,000 for single family homes. The Islandview/West Village neighborhood is experiencing many new developments, some currently under construction and new developments slated to break ground in the coming months. Close proximity to Detroit Waldorf School and within 10 minute to Downtown Detroit.

 

James Tumey
586 419 6271
jtumey@oconnordetroit.com