Redevelopment Opportunity

16890-16940 Schaefer Highway, Detroit, MI

$1,600,000

Price

5 sqft

Building Size

5.29 acres

Lot Area

Overview
Building Size
5 sqft
Lot Area
5.29 acres
Description

REDEVELOPMENT OPPORTUNITY 16890-16940 SCHAEFER HIGHWAY, DETROIT, MI 48235 Discover the potential of this prime 2.5-acre property in the heart of Detroit. This redevelopment opportunity is ready for lease and offers endless possibilities for innovative projects. Conveniently located on Schaefer Highway, this expansive space has the perfect combination of accessibility and visibility. With a conceptual site plan already in place, you can visualize your ideal development on this strategic piece of real estate. The area boasts a thriving population, with a total population of over 195,000 within a three-mile radius. Demographic data reflects a diverse community, offering opportunities for businesses of all types. Whether you envision a mixed-use development, retail center, or multi-family housing, this property provides the canvas for your visionary project. The average household income and home values in the area present a strong market for potential investors. Don't miss the chance to make your mark in Detroit's evolving landscape.

Contact our experienced agent, Greg Newman, at 248.406.7113 or gnewman@keystonecres.com to learn more about this incredible redevelopment opportunity at 16890-16940 Schaefer Highway, Detroit, MI 48235. Visit our website at www.keystonecres.com for additional information and to explore our portfolio of prime properties.

great location

Highlights
  • Redevelopment opportunity on SEC of McNichols & Schaeffer across from DMC Sinai Grace Hospital
Documents

Location