109 Alexandrine St Detroit, MI 48201
- Commercial land
- 24,915 SF
- 0.20 lot acres
Current Use by Public Records
- Commercial land
Property Details for 109 Alexandrine St
- Year built
- 1922
- Lot size
- 0.20 lot acres
- Property size
- 24,915 SF
- Zone code
- SD2
- Property type
- Commercial land
- APN
- 02000834.
- APU
- 2000834
Description
This exceptional 0.34-acre commercial land parcel presents a unique investment opportunity in Detroit's thriving Midtown area. Located near the Detroit Medical Center (DMC), VA Hospital, and Children's Hospital, this strategically positioned property offers unparalleled access to a dense population base and significant employment centers. The site is ideally suited for institutional users seeking to develop a substantial building, with potential for up to 120,000 square feet across eight stories. Its dimensions measure approximately 100' x 150', providing ample space for a variety of development projects. The property benefits from its proximity to cultural attractions such as the Detroit Symphony Orchestra (DSO) Opera House and Detroit's only Whole Foods Market, enhancing its appeal and potential for attracting a diverse clientele. The area is experiencing unprecedented growth, fueled by billions of dollars in planned, ongoing, and completed projects, making this a timely investment in a rapidly evolving urban landscape. The site is zoned SD2 and is currently vacant. Parcel IDs are 02000834 and 02000835. Legal descriptions include: S W ALEXANDRINE 52SUB PT PK LOTS L1 P128 PLATS, W C R 2/108 50 X 151.10 and S ALEXANDRINE 53SUB PT PK LOTS L1 P128 PLATS, W C R 2/108 50 X 151.10. The asking price for this remarkable property is $1,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0617
- Latitude
- 42.3495
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
