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 Commercial, Multi-Family, 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
AVG $260K
$800K
Taxes
AVG $2,238
$248
Visits
AVG 14
33
Walkscore
AVG 71
77
Data Provided by Walkscore ® not using MLS data