$399,999 for Sale
491 e grand boulevard, detroit, MI 48207
Property Description
Discover a rare investment opportunity in the heart of Detroit with this versatile multi-use property. Zoned R5 with commercial office approval, it offers the flexibility to convert into a multi-family building, apartments, or a single-family residence—all without the need for rezoning. Ideally situated near downtown, this property provides quick access to restaurants, nightlife, and entertainment, plus convenient proximity to Detroit Metro Airport and major expressways. A prime location with exceptional potential for a variety of uses.
General Information
Sale Price: $399,999
Price/SqFt: $100
Status: Active
MLS#: rcomi20251042862
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.2
Lot Dimensions: 60.00 x 146.00
Size: 3,990 sq.ft.
Acreage: 0.2 est.
Year Built: 1922
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $3,488
Est. Winter Taxes: $403

IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
Listing By: Chad Apap of EXP Z Real Estate, Phone: (248) 937-1337