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Midtown Detroit Development Opportunity
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80-92 E Willis, Detroit, MI 48201

Land for development in Midtown, near Detroit Medical Center.

Property Size4,533 SF
Lot Size0.40 Acres
Price / SF$386.06
Days on Market1042

Property Features for 80-92 E Willis

General Information

Standard status Active
Size 4,533 SF
Lot size 0.40 Acres
Property subtype Land, Mixed Use
Zoning R6
Investment Type Redevelopment

Building Details

Year Built 1916
Buildings 3
Stories 2
Tenancy Multi
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Levi F. Smith · License #MI 6502114889
Source: Crexi
Added: Oct 3, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:30AM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

This 0.40-acre development opportunity in Midtown Detroit encompasses two lots across from the Detroit Medical Center. The site is suitable for multi-family housing, mixed-use developments, student housing, assisted living facilities, childcare centers, nursing homes, lofts, or townhouses. Water, sewer, electric, and gas utilities are available at the site. The location benefits from a daytime employee population of 30,627 within a 1-mile radius, along with 24,000 Wayne State University students and 12,000 Detroit Medical Center employees. Situated in a desirable area of Midtown Detroit, the property is located one half block east of Woodward Avenue and west of the Detroit Medical Center and Children's Hospital of Michigan. The surrounding area offers a variety of restaurants, retail options, and entertainment venues, and is one block from The Majestic Theater. The property is within walking distance of Wayne State University Campus and Little Caesars Arena.

Key Highlights

  • Prime Midtown location directly across from Detroit Medical Center.
  • High‑density development potential: Multi‑Family, Mixed‑use, Student Housing, etc.
  • Utilities available: Water, sewer, electric, and gas.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nail Salon Hair Salon Accounting Firm HVAC Service Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,730
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land for development in Midtown, near Detroit Medical Center.
Where is this commercial land located?
The property is located at 80-92 E Willis Detroit, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime Midtown location directly across from Detroit Medical Center.; High‑density development potential: Multi‑Family, Mixed‑use, Student Housing, etc.; Utilities available: Water, sewer, electric, and gas.
More about this property
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