Prime Redevelopment Opportunity in
For Sale
$3,190,988
2455 Grand River Ave, Detroit, MI 48201
Nearly 2-acre site near University of Michigan Innovation Center.
Property SizeContact for details
Lot Size0.42 Acres
Days on Market149
Property Features for 2455 Grand River Ave
General Information
Standard status
Active
Lot size
0.42 Acres
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
JNA Real Estate
(734) 497-5558
Listed By:
Rashad Elabed · License #6501406301
(734) 497-5558
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Aug 6 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JNA Real Estate
Investment Insights
Based on property information with market context.
This premier redevelopment opportunity is located at 2455 Grand River Ave, Detroit, and includes seven additional, contiguous properties, creating a combined footprint of nearly 2 acres. The entire assemblage, including an extra building, is available. The site is positioned directly across from the new University of Michigan Innovation Center, which will be the centerpiece of the University of Michigan’s expanding downtown Detroit campus. This location offers maximum visibility, foot traffic, and direct access to one of Detroit’s dynamic neighborhoods. Existing zoning allows for redevelopment up to three stories, but there are no height restrictions. This property offers the chance to reshape Detroit’s skyline while capitalizing on city views and street activity. The location provides walkability and accessibility, and is located moments from the Detroit Institute of Arts, Comerica Park, restaurants, entertainment venues, and parks. The location ensures connectivity to downtown’s business district, public transit, and major highways, making it a choice for any ambitious project. This is an opportunity to lead Detroit’s next era of growth. The site allows for redevelopment up to three stories, but there are no height restrictions, allowing for a landmark residential, commercial, or mixed-use high-rise.
Key Highlights
- Premier redevelopment opportunity with a combined footprint of nearly 2 acres in downtown Detroit's growth corridor
- Located directly across from the new University of Michigan Innovation Center
- No height restrictions, allowing for a high‑rise development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
Explore this area
Business Placement
Demographics for 48201, MI
14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Nearly 2-acre site near University of Michigan Innovation Center.
Where is this commercial land located?
The property is located at 2455 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $3,190,988.
What are key features of this property?
This property features: Premier redevelopment opportunity with a combined footprint of nearly 2 acres in downtown Detroit's growth corridor; Located directly across from the new University of Michigan Innovation Center; No height restrictions, allowing for a high‑rise development
