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27260148
27260149

547 Harper Ave, Detroit, MI 48202

LS
MI 6502114889
P.A. Commercial Corporate & Investment Real Estate
Listed by P.A. Commercial Corporate & Investment Real Estate
$1,000,000
248 days on market
Updated 52 days ago
Opportunity zone

547 Harper Ave

Details
APN 03-001-726-9
Property Type Land
Sub Type Commercial
Acreage 0.940
Zoning Commercial

Land | 0.94 acres for Multi-family or Industrial User in Milwaukee Junction

Marketing description

PROPERTY OVERVIEW

Unlock the potential of this prime 0.94-acre property in the heart of Milwaukee Junction, Detroit's hottest-growing neighborhood! Zoned for commercial use and strategically situated within the dynamic Detroit area, this expansive property offers an exceptional investment opportunity for multifamily investors. With the option to expand the site by acquiring adjacent land from the Detroit Land Bank and its favorable proximity to major highways I-75 and I-94, this location offers unparalleled flexibility and convenience. Boasting a vibrant, walkable neighborhood featuring an array of restaurants and bars, as well as easy access to the QLINE streetcar system, this property is primed for lucrative development. Benefit from city and state incentives while seizing the potential of this strategically positioned investment opportunity.

LOCATION OVERVIEW

Discover the thriving investment potential in the dynamic Milwaukee Junction neighborhood in the Detroit market. Boasting a vibrant arts and culture scene, top-tier educational institutions, close proximity to major medical centers, and at the crosshair of I-75 and I-94, the area offers a compelling narrative for multifamily investors. This historic neighborhood has seen a resurgence of interest and investment, leading to various adaptive reuse projects aimed at transforming old industrial buildings into offices, residential lofts, retail spaces, and artist studios. This preservation of historic architecture not only adds character to the neighborhood but also attracts businesses and residents looking for unique spaces. With its strategic location and diverse attractions, the area presents an exciting opportunity for investors seeking to capitalize on the resurgence of this iconic American city.

Investment highlights

  • 0.94-acre lot for multi-family or industrial development

  • Adjacent land from Detroit Land Bank available for purchase

  • The site can be expanded to include most of the city block

  • New development surrounds property including an EV Battery Plant, 400-Unit Mixed-development, 161-Unit Loft, and new HQ for Detroit PBS

  • High-visibility from I-94 and I-75

  • Walkable neighborhood with many restaurants and bars

  • City & State incentives for development

Listing Contacts

LS
MI 6502114889
P.A. Commercial Corporate & Investment Real Estate
Listed by P.A. Commercial Corporate & Investment Real Estate

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