2609-2623 TRUMBULL Detroit, MI 48216

Listing agent James Bufalino License #6501313711 Show Phone

Listing office Premier Property Services LLC j***@ppsam.com 19822 Mack Avenue, Grosse Pointe Woods, MI Show Phone

Listing date Nov 1, 2020

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MLS# 2200090470 Listing URL

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Investment Insights

Based on property information with market context.

This vacant land is located in the North Corktown neighborhood of Detroit. The land, zoned R4 Thoroughfare Residential District, is suitable for multifamily or commercial/mixed-use development. The Detroit Land Bank Authority (DLBA) is open to a rezoning petition to allow for a wider variety of uses. The sale is open to homeowners, investors, and developers. All offers must include proof of funds for both the purchase price and construction costs. The seller requires a new build proposal with the offer, including construction plans or precedent architectural images of the proposed development. A Seller Purchase & Development Agreement will be provided upon acceptance of a qualifying offer. All proposal requirements must be met to be considered by the seller. The land is comprised of two parcels, with addresses 2609 & 2623 Trumbull Ave. The lot size is 0.34 acres.

Key Highlights

• Prime vacant land in highly desired North Corktown neighborhood.
• Opportunity for multifamily or commercial/mixed‑use development.
• DLBA and city partners supportive of re‑zoning petition.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Vacant land in North Corktown, ideal for multifamily development.

Where is this commercial land located?

The property is located at 2609-2623 TRUMBULL Detroit, MI.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Prime vacant land in highly desired North Corktown neighborhood.; Opportunity for multifamily or commercial/mixed‑use development.; DLBA and city partners supportive of re‑zoning petition.