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534 Bellevue St 2.35 Acres of Commercial Land Offered at $63,365 CAD in Detroit, MI 48207



Investment Highlights
- Located near Detroit’s East Riverfront, Eastern Market, and downtown employment centers
- Close to major corridors including Jefferson Avenue and Gratiot Avenue with quick access to regional freeways
- Walkable area with transit access supporting future density and neighborhood-serving uses
- Flexible vacant land providing a strong foundation for residential or community-oriented redevelopment concepts
- Positioned within an established neighborhood experiencing reinvestment from both private and nonprofit sectors
Executive Summary
Its proximity to Jefferson Avenue, Gratiot Avenue, and I-375 provides strong connectivity to the Central Business District, Midtown, Eastern Market, and all major vehicular routes serving Wayne County. The area’s walkable street grid, bus routes, and improved cycling infrastructure support a variety of future concepts. Public incentives such as Detroit tax abatements, brownfield tools, and employment-driven programs may further strengthen feasibility for buyers pursuing creative or community-centered redevelopment paths, depending on eligibility.
Property Facts
| Price | $63,365 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | SD4 - Commercial Zoned District | ||
| Price | $63,365 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.34 AC |
| Opportunity Zone |
Yes |
| Zoning | SD4 - Commercial Zoned District |
1 Lot Available
Lot
| Price | $63,365 CAD | Lot Size | 2.35 AC |
| Price Per AC | $26,963.83 CAD |
| Price | $63,365 CAD |
| Price Per AC | $26,963.83 CAD |
| Lot Size | 2.35 AC |
2.35-acre parcel commercial development land available in SDR Commercial Zoning and Opportunity Zone Designation.
Description
This 2.35-acre parcel at 534 Bellevue Street offers a rare opportunity to acquire land in one of Detroit’s most dynamic and evolving districts. Located just minutes from the East Riverfront, Eastern Market, and the Central Business District, the site is strategically positioned for residential infill, community-oriented development, or small-format commercial concepts. Its SD4 Commercial zoning and Opportunity Zone designation provide flexibility and potential tax advantages for investors seeking long-term growth. The property benefits from excellent connectivity via Jefferson Avenue, Gratiot Avenue, and I-375, ensuring seamless access to downtown employment centers and regional freeways. The surrounding neighborhood is experiencing significant reinvestment, driven by mixed-use projects, nonprofit initiatives, and adaptive reuse of historic structures. Walkable streets, transit routes, and improved cycling infrastructure further enhance the appeal for future development. Public incentives, including Detroit tax abatements and brownfield programs, may strengthen feasibility for creative redevelopment strategies. This site represents a compelling chance to participate in Detroit’s ongoing revitalization and capitalize on rising demand for modern housing and community spaces.
Presented by
534 Bellevue St
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