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Executive Summary

0.23 acres of cleared vacant land ready for development in Detroit's iconic Corktown neighborhood! Surrounded by millions of dollars in ongoing and planned development, this prime location is near established businesses including The Godfrey Hotel, Ottava Via, The Yard, Cork & Gabel, Chase Bank, Citizens Bank, and more. Just a short walk from Michigan Central Station, a 30-acre technology and cultural hub helping drive continued growth and investment in the area. Zoned R3 and located in Zone 1 of a local historic district, this property offers flexibility for a single-family home, multi-unit residential development, or potential mixed-use project. A rare opportunity to build in one of Detroit's most recognizable and rapidly evolving neighborhoods. Schedule a showing today! BTVAI.

Property Facts

Price $374,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Single Family Residence
Total Lot Size 0.23 AC
Opportunity Zone Yes
Zoning CM - R3, Zone 1

1 Lot Available

Lot

Price $374,900
Price Per AC $1,630,000.00
Lot Size 0.23 AC

Zoned R3 and located in Zone 1 of a local historic district, this property offers flexibility for a single-family home, multi-unit residential development, or potential mixed-use project. A rare opportunity to build.

Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41093445

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 1601 Leverette st, Detroit, MI 48216

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