6520 WABASH ST DETROIT MI 48208
High-Density Residential Site | 6520 Wabash Street, Detroit, MI 48208
Marketing description
Midtown / New Center / Rosa Parks Submarket
W Grand Blvd; Rosa Parks Blvd & 14th Street
Located in the vibrant Midtown/New Center/Rosa Parks submarket, this property offers access to the dynamic and rapidly growing Detroit business community. The area is home to prestigious institutions like Wayne State University, Henry Ford Hospital, and the College for Creative Studies. Nearby attractions include the Detroit Institute of Arts, the Michigan Science Center, and the Fisher Building. With a thriving entrepreneurial scene and an influx of corporate investments, this location presents an attractive opportunity for land and office investors looking to capitalize on the area's potential for growth and development.
Investment highlights
Prime High-Density Residential Development Opportunity
6520 Wabash Street presents an exceptional opportunity, strategically located residential development site in one of Detroit's emerging neighborhoods. Zoned R6 – High Density Residential, the parcel is ideally suited for multifamily apartments, townhomes or other higher-density residential projects, offering developers the flexibility to maximize the site's potential similar to 10-story, 153-unit Young Manor Apartments site at 2500 W Grand Blvd, Detroit, MI 48208 in New Center/Midtown Detroit.
- ±0.73-acre (31,800 SF) development site (Approximate Dimensions: 150' × 212')
- R6 High Density Residential Zoning
- Multifamily / High-Density Residential Development
- Supports higher-density residential development
- Ideal for apartments, condominiums, townhomes, multifamily housing
- Higher-density zoning enhances parcel’s long-term development value
- Potential density could range from approximately 55 to 75 units, depending on the final unit mix and project configuration, based off Young Manor Apartments’ density
- Public Utilities Available
- Public water
- Public sewer with sewer access at the street
- Parcel Number: 08-008961
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