2500 Alter Road, Detroit, MI

$385,000

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1,420

Square feet

0.83

Acres

About 2500 Alter Road

Incredible business opportunity. This large parcel is ready for development on seven vacant lots bordering Grosse Pointe Park and all the amenities it has to offer. With six contiguous parcels forming a substantial development footprint, plus one additional lot, this property provides unmatched flexibility for a variety of projects. Large brick structure on one of the lots has plumbing and electrical utilities. Whether you’re envisioning residential housing, mixed-use space, or a creative commercial venture, these lots offer the scale and location to make it happen. The contiguous section allows for a unified site plan, while the separate lot provides added possibilities such as additional parking, a satellite retail space, or a standalone residential unit. The area’s proximity to Grosse Pointe means you’re tapping into a strong market with high demand, exceptional schools, vibrant shopping and dining, and easy access to waterfront recreation. The surrounding community is well-established, offering a built-in customer base and an attractive environment for future residents or businesses. Zoned PD - Planned Development Development. With utilities available and the potential for multiple configurations, the development options are truly endless. Bring your vision as this is the blank canvas you’ve been waiting for. Seize this rare chance to secure a significant piece of property in a prime location poised for growth with multiple large developments already in progress.

Features of 2500 Alter Road

MLS® # 50185410
Price $385,000
Square Footage 1,420
Acres 0.83
Year Built 1924
Type COM/IND/BUS OPP
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS MiRealSource

Community Information

Address 2500 Alter Road
Area Detroit
Subdivision East End Manor Sub
City Detroit
County Wayne
State MI
Zip Code 48215

Amenities

Is Waterfront No

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSine & Monaghan LLC

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