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3250 PELHAM Street, Dearborn City, MI 48124
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$4,700,000
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Home Details for 3250 PELHAM Street
Price
$4,700,000
Type
Commercial/Industrial
Sq. Ft.
20000
Lot Size
3.73
County
Wayne
MLS®️ Listing#
20250019532
On exitrealty.com
244 days
Property Description
Rare Opportunity: 5 Acres in the Heart of 48124 ready for Transformation! Are you ready to seize a once-in-a-lifetime opportunity? This offering consists of 2 parcels which total 5-acres combined. Whether you envision preserving it as a house of worship/community center/other use or igniting the largest redevelopment project this area has witnessed in years, this prime location is your blank canvas for endless possibilities. Strategically situated near Ford, Greenfield Village, Shopping Centers, Worship Centers, Schools, Freeways, and Hospitals, this property offers unparalleled accessibility. The estimated 25,000 sq ft existing building, with a huge multi-level walk-out basement and Garage. Lower level has one large open space which could be a gym, theater, or dining area. There are multiple exits which lead to outdoor patio areas perfect for gatherings. Bring your creative vision - Maintain it, renovate it, or expand – the choice is yours! This site is prime for a developer ready to tackle the housing shortage! Property is located in a highly sought after residential area and perfect for constructing a new housing project. Surrounded by high-end residential homes and backing directly to Edsel Ford High School. Enjoy a picturesque setting, tranquility, nature, and breathtaking wildlife in your own backyard. Frontage Ft Listed is for both parcels combined - Parcel #1 494' Frontage - Parcel #2 103' Frontage. Owner may consider a Land Contract with a substantial down payment, making your dream investment even more accessible. This rare opportunity won't last long. Don't miss your chance to be a part of history by shaping the future of this prime location. Whether you're a visionary developer, an investor, or an individual with a passion for transformation, this is your moment! Unlock the limitless potential of this extraordinary property. Your future begins here! Currently this property is owner occupied - Please do not approach occupants or guest; Please do not walk the property without an appointment.
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Listing Courtesy: Nova Realty Group - 313-443-7443
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Market statistics compiled from data from Michigan Regional Information Center.
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$4,700,000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220