Detroit Land Redevelopment
4122 Grand River Ave, Detroit, MI 48208
For Sale
$169,000
Prime land parcels for redevelopment in Detroit's growing Woodbridge neighborhood.
Property Size4,932 SF
Lot Size0.06 Acres
Days on Market246
Property Features for 4122 Grand River Ave
General Information
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Listing Agency:
Nika & Co
Listed By:
Vadim Oss · License MI #6505433305
(248) 266-2566
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 6:21AM
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 Nika & Co
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Investment Insights
Based on property information with market context.
Located in Detroit's Woodbridge neighborhood, the property at 4122-4126 Grand River Ave presents a redevelopment opportunity. The site consists of two buildings on adjacent parcels, suitable for transformation into a modern, income-generating property. The location is approximately one mile from the University of Michigan Center for Innovation, scheduled to open in spring 2027. This development is expected to stimulate economic growth and increase property values along Grand River Avenue. The property is also located less than a mile from the North Corktown development and near the Core City neighborhood. Plans suggest the parcels could be redeveloped into a 7-unit boutique apartment building. Grand River Avenue is undergoing improvements to enhance streets, transit, and public art.
Key Highlights
- Prime location in the Woodbridge neighborhood, near the University of Michigan Center for Innovation (opening Spring 2027) which is expected to drive economic growth.
- Development opportunity to transform existing commercial buildings into a 7‑unit boutique apartment building.
- Proximity to North Corktown and Core City, areas with established and emerging restaurants, retail, and residential developments.
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Location Intelligence
Trade Area within ½ mile
499
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Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime land parcels for redevelopment in Detroit's growing Woodbridge neighborhood.
Where is this commercial land located?
The property is located at 4122 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Prime location in the Woodbridge neighborhood, near the University of Michigan Center for Innovation (opening Spring 2027) which is expected to drive economic growth.; Development opportunity to transform existing commercial buildings into a 7‑unit boutique apartment building.; Proximity to North Corktown and Core City, areas with established and emerging restaurants, retail, and residential developments.
