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1075 Coplin St 0.45 Acres of Commercial Land Offered at $241,565 CAD in Detroit, MI 48215

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Investment Highlights

Lots of foot traffic and vehicle traffic near the property.
Open field with trees and shrubs near the property borders.

Land ready to be developed into residential including higher density residential.

Executive Summary

Almost half an acre of vacant land zoned commercial in the Jefferson corridor of the rising Jefferson Chalmers neighborhood is ready to be sold to the right group. This land used to have a 30 plus unit apartment building on the lot and could be redeveloped to have that or other residential/commercial use. There is a newer sidewalk in front of the property, a grassy field with few trees and shrubbery on the edges of the property. Vacant land like this in rising areas of Detroit are prime for redevelopment as the city continues making its comeback. Numerous spots around this area are evidence of economic growth and redevelopment. Come and visit for yourself and make an offer!

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Property Facts

Price	$241,565 CAD	Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized
Sale Type	Investment or Owner User	Total Lot Size	0.45 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	Commercial

Price	$241,565 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized
Total Lot Size	0.45 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial