7625 Rosa Parks Boulevard, Detroit city, Michigan

$849,900

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44,548

Square feet

2.20

Acres

About 7625 Rosa Parks Boulevard

**DEVELOPERS** The former St. Agnes cathedral, school, & convent represents your next HUGE opportunity in Detroit! This prime piece of land is nearly 2.25 acres and is located on the border of the resurgent and quickly developing LaSalle Gardens and Virginia Park neighborhoods, just outside of New Center! There are a variety of potential uses, but its highest and best use is likely clearing everything except the church and school buildings and building townhome style condos, converting the school into apartments, and possibly restoring the church as a magnificent commercial space! The current owner has a variety of site plans drawn up and there is space for as many as 106 townhomes and 48 rental units in the school; site plans available upon request. The lot has been rezoned SD-2, which is one of Detroit's most flexible zoning designations, has passed a Phase 1 environmental assessment, and has obtained an OPRA (Obsolete Property Rehabilitation District) property tax freeze for 12 years. 3 of the 4 lots highlighted in red in the listing photos can be purchased from the DLBA and the 4th is available through a private owner, which would bring the total space to over 2.5 acres. The sale includes the parcels at 7601 Rosa Parks, 7625 Rosa Parks, 1925 S LaSalle Gardens, 1945 S LaSalle Gardens, 1967 S LaSalle Gardens, 2011 S LaSalle Gardens, and 1950 Bethune. Finally, the La Salle Gardens/Virginia Park/Piety Hill neighborhoods are some of the fastest growing areas of the city, with over $3.5 BILLION in developments slated to happen over the next 5 years, including a $2.8 Billion new-build hospital complex that will bring in many high-paying jobs in the medical field!

Features of 7625 Rosa Parks Boulevard

MLS® # 20251015073
Price $849,900
Bathrooms 0.00
Square Footage 44,548
Acres 2.20
Year Built 1900
Type Commercial
Status Active

Community Information

Address 7625 Rosa Parks Boulevard
Area 05043 - Det: Livernois-I75 6-Gd River
City Detroit city
County Wayne
State Michigan
Zip Code 48206

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Brick
Foundation Basement, Brick/Mortar

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Leading Edge
Contact Infor.kainrealtor@gmail.com

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