For Sale
$1,400,000

109 Alexandrine StDetroit, MI 48201

Prime 0.34-acre commercial lot

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.34-acre commercial land parcel presents a unique investment opportunity in Detroit's thriving Midtown area. Located near the Detroit Medical Center (DMC), VA Hospital, and Children's Hospital, this strategically positioned property offers unparalleled access to a dense population base and significant employment centers. The site is ideally suited for institutional users seeking to develop a substantial building, with potential for up to 120,000 square feet across eight stories. Its dimensions measure approximately 100' x 150', providing ample space for a variety of development projects. The property benefits from its proximity to cultural attractions such as the Detroit Symphony Orchestra (DSO) Opera House and Detroit's only Whole Foods Market, enhancing its appeal and potential for attracting a diverse clientele. The area is experiencing unprecedented growth, fueled by billions of dollars in planned, ongoing, and completed projects, making this a timely investment in a rapidly evolving urban landscape. The site is zoned SD2 and is currently vacant. Parcel IDs are 02000834 and 02000835. Legal descriptions include: S W ALEXANDRINE 52SUB PT PK LOTS L1 P128 PLATS, W C R 2/108 50 X 151.10 and S ALEXANDRINE 53SUB PT PK LOTS L1 P128 PLATS, W C R 2/108 50 X 151.10. The asking price for this remarkable property is $1,400,000.

Highlights

  • Midtown location ideal for institutional users.
  • .34-acre vacant lot (100' x 150') suitable for an 8-story, 120,000 SF building.
  • Excellent proximity to DMC, VA Hospital, Children's Hospital, Detroit Opera House, and Whole Foods.
  • Zoned SD2.
  • Legal Description: Parcels 02000834 & 02000835 (SW Alexandrine, 52 & 53 Sub Pt Pk Lots L1 P128 Plats, WCR 2/108, 50' x 151.10' each).

Property Details for 109 Alexandrine St

Property type
Land
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3495155
Longitude
-83.0617345
109 Alexandrine St, Detroit, Michigan

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109 Alexandrine St
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