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402 E EUCLID Street Detroit, MI 48202

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For Sale
$67,500

LAND - Detroit, MI

Lot size:
0.42 Acres
Added:
Mar 24, 2023
Days on Market:
1128
Last Refresh:
Apr 24 at 11:06 am

Property Features for 402 E EUCLID Street

General Information

Property type
Land
Property subtype
Other
Zoning
Residential
Standard status
Active
APN
01002504.
Lot size
0.42 Acres

Taxes and HOA fees

Tax Description
S EUCLID 42 LOWES L8 P26 PLATS, W C R 1/110 33 X 120

Utilities

Water source
Public

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Listing Contact
Leonard A Pickett III

Listing agent Leonard A Pickett III License #6501306589

Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

Listing date Mar 24, 2023

MLS# 20230018475 Listing URL

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Detroit Land Bundle Opportunity

This property, located in Detroit's North End neighborhood, is a bundle of five lots: 402, 410, 416, 420, and 426 E Euclid, totaling 18,390 square feet. The properties are not sold separately. Prospective buyers must submit a purchase proposal that includes construction plans or precedent agriculture images of the proposed development, along with a financing plan with proof of funds or a pre-approval letter for a new construction loan. Please note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may not be compatible with other tax abatements available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission information. This property is zoned for residential use and presents a great opportunity for infill building.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.073015
Latitude
42.378735

FAQs

What type of property is this?
Residential land & home lot - Five residential lots totaling 18,390 sqft in Detroit's North End.
Where is this residential land & home lot located?
The property is located at 402 E EUCLID Street Detroit, MI.
What is the asking price?
The asking price for this property is $67,500.
What are key features of this property?
This property features: Large infill building opportunity: **5 bundled lots totaling 18,390 sqft in Detroit's North End.**; Suitable for new construction: Requires buyer submission of construction plans or precedent agriculture images.; Includes multiple addresses: Bundled with 410, 416, 420, 426 E Euclid.
More about this property
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