Address
1622 Bagley Detroit, MI
Price
$ 800,000
Property Attributes
- MLS#40123778
- TypePending
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodDetroit
- Zip48216
- StyleVacant Land
- Taxes248
- Price$ 800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.52 Acres
Listing Provided Courtesy Of:
O'Connor Realty
Data Source:
Michigan Multiple Listing Service
Property Description
Great development opportunity in the heart of Corktown, one of Detroit?s most desirable and walkable neighborhoods, and close to all the neighborhood hotspots. The site has 175 feet of Bagley frontage between Trumbull and Rosa Parks. Located just a short walk to the iconic train station, undergoing a $350 million renovation by Ford Motor Company, two blocks from the new $45-million Godfrey hotel development, and three blocks from the $30 million mixed-use development at former Tiger Stadium. Half mile from the Detroit Riverfront. Close proximity to all major freeways. The property is 23,000 square feet, zoned B2 and approved for mixed-use development. Corktown demands high rents and sale comps, with rental comps up to $2.50/square foot, and condo comps up to $450/square foot.
| Price History | |
|---|---|
| 11/16/2020 | Listed $1,200,000 |
| 2/19/2021 | 34% - $800,000 |
General Features
| Association Fee Y/n | No |
|---|---|
| Class | VACANT LAND |
| Directions | on Bagley east of 10th street |
| Financial Terms | Cash, Conventional |
| Legal Description | N BAGLEY E 23 FT 19 BLK 4 LUTHER BEECHERS SUB L2 P27 PLATS, W C R 8/19 23 X 131.02 |
| Listing Area | Detroit (82001) |
| Municipality | Detroit |
| Originating Mls | RealComp |
| Ownership | Private |
| School District | Detroit City School District |
| Source Mls | MI Real Source |
| Status | Pending |
| Status | Pending |
| Style | Vacant Land |
| Subdivision | BEECHERS LUTHER |
| Subj To Short Sale Apprvl | No |
| Type | Vacant Land |
| Water | Public Water |
| Zoning | Multi-Family, Commercial, Residential |
Exterior Features
| Frontage | 175 |
|---|---|
| Lot Description | Sidewalks |
| Lot Dimensions | 175.00X131.00X175.00X131. |
| Lot Size Area | 0.52 |
| Sewer Septic | Public Sanitary |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 48216
Price
Taxes
Visits
Walkscore
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