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Investment Highlights
- R6 High Density Residential zoning supports multifamily and higher-density residential development.
- Positioned less than one mile from the Henry Ford Health campus and the Future of Health: Detroit redevelopment district.
- Located directly across from Young Manor Apartments, reinforcing the area's established multifamily presence.
Executive Summary
6520 Wabash Street presents an opportunity to acquire a ±0.73-acre development site positioned within Detroit's Midtown/New Center/Rosa Parks area. The property is zoned R6 High Density Residential, allowing for multifamily and higher-density residential development in a location that has experienced significant public and private investment activity. The parcel benefits from public water service and public sewer access at the street, providing infrastructure that can support future residential development.
The site's location directly across from Young Manor Apartments reinforces the area's established residential character and demonstrates existing demand for multifamily housing. The property is situated within Detroit's 48208 submarket, offering connectivity to major transportation routes, employment centers, and neighborhood amenities. Its proximity to New Center places future residents within convenient reach of healthcare, educational, cultural, and commercial destinations throughout central Detroit.
A notable catalyst for the surrounding area is the Future of Health: Detroit initiative anchored by Henry Ford Health, Michigan State University, and the Detroit Pistons. This multi-billion-dollar redevelopment effort includes healthcare, research, residential, retail, public space, and infrastructure components that continue to reshape the surrounding district. Located less than one mile from the Henry Ford Health campus, the property is positioned near one of Southeast Michigan's major employment centers, supporting long-term residential demand drivers.
With R6 zoning, existing utility access, and a location within an established and evolving residential corridor, 6520 Wabash Street offers developers the opportunity to pursue apartments, condominiums, townhomes, or other multifamily housing concepts in an area benefiting from ongoing investment and neighborhood revitalization.
The site's location directly across from Young Manor Apartments reinforces the area's established residential character and demonstrates existing demand for multifamily housing. The property is situated within Detroit's 48208 submarket, offering connectivity to major transportation routes, employment centers, and neighborhood amenities. Its proximity to New Center places future residents within convenient reach of healthcare, educational, cultural, and commercial destinations throughout central Detroit.
A notable catalyst for the surrounding area is the Future of Health: Detroit initiative anchored by Henry Ford Health, Michigan State University, and the Detroit Pistons. This multi-billion-dollar redevelopment effort includes healthcare, research, residential, retail, public space, and infrastructure components that continue to reshape the surrounding district. Located less than one mile from the Henry Ford Health campus, the property is positioned near one of Southeast Michigan's major employment centers, supporting long-term residential demand drivers.
With R6 zoning, existing utility access, and a location within an established and evolving residential corridor, 6520 Wabash Street offers developers the opportunity to pursue apartments, condominiums, townhomes, or other multifamily housing concepts in an area benefiting from ongoing investment and neighborhood revitalization.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.73 AC |
| Property Type | Land | Parcel Number | 08-008961 |
| Property Subtype | Commercial | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.73 AC |
| Zoning | Commercial |
| Parcel Number | 08-008961 |
1 Lot Available
Lot
| Lot Size | 0.73 AC |
| Lot Size | 0.73 AC |
The site contains approximately ±0.73 acres with approximate dimensions of 150' by 212'.
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
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6520 Wabash St - Vacant Land
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