2003 Gratiot Ave
0.518-Acre Parcel Located in Eastern Market Along Gratiot Avenue
Marketing description
Located in Eastern Market along Gratiot Avenue, this highly visible land parcel is surrounded by creative studios and small business hubs. The location is ideal for mixed-use or residential infill development, as the neighborhood has become a destination for design-forward projects and locally rooted investment. This parcel offers easy access to Downtown and I-75 and can be sold as a package with the building at 2000 Division Street.
This district is designed to encourage a complementary mixture of more intensive pedestrian- and transit-oriented uses that may be compatible with a neighborhood center or with a location along major or secondary thoroughfares. Parking requirements are reduced in certain circumstances to promote use of transit and non-motorized transportation; shared parking and a district approach to parking are encouraged to lessen demand for off-street parking spaces. Certain establishments that serve alcohol for consumption on the premises are permitted without a spacing requirement in order to attract increased pedestrian traffic to the area
Investment highlights
- Located in a qualified Opportunity Zone
- Surrounded by creative studios and small business hub
- Easy access to Downtown and I-75
- Can be sold as a package with the building at 2000 Division Street
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