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1,420 sqft

$350,000

2500 Alter Road, Detroit MI, 48215

Price per sqft$246.48
Built in1924
Property size1,420 sqft
Property typeCommercial

Overview

Active

Listed Aug 15, 2025

Updated Aug 19

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.

Additional information

MLS® ID
50185410

Interior Features

Basement
No

Exterior Features

Lot Size
0.83 Acres
MLS provider logo

Listed by Michael DeFauw with Sine & Monaghan LLC
Listing Contact: 313-820-5428 

Based on information originating from the MiRealSource as of 8/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 8/19/2026 at 8:22 AM UTC

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