109 W Alexandrine St, Detroit, MI 48201

Listing office CRS, Commercial Real Estate Services

Listing date Jul 28, 2023

Source Crexi

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Overview

Detroit is experiencing significant growth, including new retail and service uses, attracting corporations interested in locating within the city. This expansion supports a growth in housing options, including apartments, condos, and homes, to accommodate the influx of new corporate employees. Detroit appeals to a younger workforce seeking a live, work, and play environment, while empty nesters are drawn to the downtown area to participate in the city's resurgence. The New Center, Midtown, and Downtown markets are undergoing over $7 billion in planned, under-construction, and completed projects. Bedrock and Ford Motor Company have initiated projects exceeding $2 billion in investment, contributing to Detroit's sustained comeback driven by corporate investment.

Suggested Use

Accounting Firm Kitchen & Bath Showroom Nail Salon Barber Shop HVAC Service Carpet & Flooring Store Acupuncture Tech Support Center Tattoo & Piercing Shop Veterinary Clinic

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

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.061806

Latitude

42.349442

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FAQs

What type of property is this?

Commercial land - Land available in growing Detroit area.

Where is this commercial land located?

The property is located at 109 W Alexandrine St Detroit, MI.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Significant growth and investment in Detroit, including new retail, services, and corporate interest.; Thousands of jobs being moved to Detroit, driving housing demand.; Over $7 billion in planned, under construction, and completed projects in New Center, Midtown, and Downtown.