547 Harper AveDetroit, MI 48202

For Sale
$1,250,000
.94-acre Detroit redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional .94-acre mixed-use property, located at 547 Harper Ave in Detroit, Michigan (Wayne County, zip code 48202), presents a compelling redevelopment opportunity. Situated in the vibrant Milwaukee Junction neighborhood, this parcel boasts 245 feet of frontage on Harper Avenue. The property's zoning is R-5 Medium Density Residential District, offering considerable flexibility for development. The site's strategic location provides excellent logistics, with quick access to the I-94 and I-75 expressways. Furthermore, its proximity to the QLINE streetcar system enhances its accessibility and appeal. This location is experiencing significant growth, with the addition of new restaurants, cultural attractions, and entertainment venues. The property's potential is further amplified by the availability of adjacent land owned by the Detroit Land Bank, allowing for potential expansion to encompass a larger portion of the city block. The site is also located within an Opportunity Zone, making it eligible for state incentives designed to stimulate development. The asking price for this prime development site is $1,250,000. The APN is 03001726-9.

Highlights

  • 0.94-acre site in Detroit's Milwaukee Junction neighborhood.
  • Adjacent land parcels available for assemblage.
  • Excellent freeway access via I-94 and I-75.
  • Situated in an Opportunity Zone, qualifying for state development incentives.
  • Conveniently located near the QLINE streetcar.

Property Details for 547 Harper Ave

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
40,946 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.368176
Longitude
-83.0634232
547 Harper Ave, Detroit, Michigan

FAQs

What type of property is this?
Mixed-use property - .94-acre Detroit redevelopment opportunity.
Where is the mixed-use property located?
The property is located at 547 Harper Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 0.94-acre site in Detroit's Milwaukee Junction neighborhood.; Adjacent land parcels available for assemblage.; Excellent freeway access via I-94 and I-75.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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547 Harper Ave
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