Listing Agency: The Jonna Group at Colliers International

Listed By: Simon Jonna · License #MI 6501357188 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:00PM

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Investment Insights

Based on property information with market context.

This commercial land parcel at 951 E Lafayette St encompasses four acres in Detroit. It sits northeast of the downtown Central Business District and directly beside Greektown Casino, which includes a 400-room casino-hotel. The site is presented for redevelopment, with contemplated concepts including a learning institution, corporate headquarters, office complex, hospitality, residential, and mixed-use formats.

The property is located within the broader Greektown commercial and entertainment district. Greektown includes a station on Detroit’s elevated People Mover system and is situated between the Renaissance Center, Comerica Park, and Ford Field. The surrounding downtown context includes office, residential, hospitality, retail, restaurant, casino, and entertainment development.

Key Highlights

• Four acres of commercial land in Detroit
• Adjacent to Greektown Casino and its 400‑room casino‑hotel
• Northeast of the downtown Central Business District

Property Analytics

Current Use

Dr. Alexander M. ... Physician

Suggested Use

Top Pick Electrical Service HVAC Service Kitchen & Bath Showroom Auto Parts Store Veterinary Clinic Daycare Center

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

3,830

Businesses Nearby

Explore this area Business Placement

Demographics for 48207, MI

21,704

Population

13,026

Households

1.7

Avg Household Size

42

Median Age

35%

College-Educated

88%

High-School Grad

6.3 sq mi

ZIP Area

3,445

Density / Sq Mi

$44,561

Median Household Income

$43,377

Median Earnings

$1,040

Median Rent

$193,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Urban site beside Greektown Casino near Detroit’s downtown business and entertainment districts.

Where is this commercial land located?

The property is located at 951 E Lafayette St Detroit, MI.

What are key features of this property?

This property features: Four acres of commercial land in Detroit; Adjacent to Greektown Casino and its 400‑room casino‑hotel; Northeast of the downtown Central Business District