Share This Listing

Message

905 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2555 Brush and 254 Adelaide st
Detroit, MI 48201
Prime Brush Park Development Opportunity · Land For Sale · 1.22 AC

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • • Centrally located in Brush Park
  • • Close Proximity to numerous retailers (partial list):
  • o Brush Park Bodega
  • • Close Proximity to M-10, I-75, and I-94
  • o Whole Foods
  • o Starbucks

EXECUTIVE SUMMARY

In partnership with the Detroit Building Authority, the city of Detroit's Housing and Revitalization Department and Planning and Development Department seeks proposals from qualified entities to design and construct new mixed-income housing in the heart of the Brush Park neighborhood. The development site is located at 2555 Brush and 254 Adelaide, at the southwest corner of Brush and Adelaide streets. The site is approximately 53,000 square feet, or 1.22 acres. The city of Detroit seeks well-designed proposals for new development that will build upon the inherent strengths of the site and integrate the site seamlessly with the surrounding neighborhood.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.22 AC
Opportunity Zone Yes
Zoning PD - Planned Development

1 LOT AVAILABLE

Lot

Price $2,193,828 CAD
Price Per AC $1,798,219.64 CAD
Lot Size 1.22 AC

DESCRIPTION

Brush Park is located just a 1/4 mile north of Downtown Detroit’s Central Business District and along the east side of Woodward Avenue, Detroit's major regional transportation Corridor and business spine. Brush Park’s Downtown/Midtown location is home to a host of regional institutions such as Wayne State University and the Detroit Medical Center as well as downtown major corporate headquarters and stadiums such as General Motors Corporation, Quicken Loans, Comerica Park (Tigers), and Ford Field (Lions). The Little Caesars Arena (Red Wings/Pistons) opened in 2017 directly across Woodward Avenue and just west of Brush Park. Eastern Market is located to the east of the site across I-75. The site has major freeway access to all parts of southeastern Michigan and sits a few blocks east of the Q-Line light rail system. Other development projects in the vicinity include Bedrock’s City Modern and MHT Housing’s Brush Park Apartments. The 22-acre Douglass site owned by Bedrock is to the east. This historic neighborhood has its roots dating back to the mid 1860s. At one time over 400 historic buildings were located in Brush Park which was one of Detroit's Premier neighborhoods and at the turn of the 19th century was known as the “Little Paris of the Midwest”. The 1960s saw the Brush Park neighborhood substantially deteriorate with a high incidence of vacancy, crime and abandonment with subsequent demolition. Since the mid 1990s however the City of Detroit has initiated an aggressive campaign to save the remaining historic properties and invest in neighborhood-wide infrastructure improvements. Recent years have seen accelerated investment in new housing and businesses, with the introduction of more contemporary architectural styles to complement the historic context.

  • Listing ID: 30952130

  • Date on Market: 2024-02-13

  • Last Updated:

  • Address: 2555 Brush and 254 Adelaide st, Detroit, MI 48201

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}