.40 Acres for Development in Midtown Across from Detroit Medical Center

80-92 E Willis Detroit, MI 48201

80-92 E Willis, Detroit, MI, 48201
80-92 E Willis, Detroit, MI, 48201
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,750,000
Last Verified:
Oct 27, 2023

Daily Email Blast
0 times


Highlights

  • .40 Acre Development Opportunity in Midtown
  • Located in a walkers paradise
  • Neighborhood full of desirable amenities
  • R6 Zoning: High-Density Residential
  • Can build up to 50,000 SF on site
  • Located near DMC Medical Campus
  • Walking Distance to WSU and Little Caesars Arena

Description

.40 Acres for Development in Midtown which encompasses two lots across from Detroit Medical Center. Possible uses include Multi-Family, Mixed-use, Student Housing, Assisted Living, Childcare, Nursing Home, Loft, or Townhouse. Water, sewer, electric, and gas are all available at the site.
Daytime Employees (1 mile): 30,627
WSU Students: 24,000
DMC Employees: 12,000

This land opportunity is in an extremely desirable area of Midtown Detroit - a walker's paradise, just one half block east of Woodward Ave, and just west of Detroit Medical Center and Children's Hospital of Michigan. Surrounded by restaurants, retail, and entertainment venues, and a block from The Majestic Theater. Walking distance to Wayne State University Campus and Little Caesars Arena.


Year Built: 1916
Building Size: 4533sq ft
Lot Size: 0.4 acres


Documents

Brochure

Map of 80-92 E Willis, Detroit, MI, 48201

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.