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$4,700,000

Est. payment - /mo

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4.9 Acres Lot

Active

3250 PELHAM Street Dearborn, MI 48124

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David Elwood

davidelwood@epique.me +1(248) 568-5958

UPDATED:

10/14/2024 05:15 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Subdivision Westminster Sub

MLS Listing ID 20240072013

Originating Board Realcomp II Ltd

Year Built 1960

Lot Size 4.900 Acres

Acres 4.9

Lot Dimensions 655 x 248

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.

Location

State MI

County Wayne

Area Dearborn

Zoning Commercial,Residential

Direction Southfield to Rotunda (West), to Pelham (S)

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Dearborn

Others

Tax ID 32820927401031

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Full Service

Listed by The Signature Group Realty, LLC

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

David Elwood

3250 PELHAM Street Dearborn, MI 48124

David Elwood

Key Details

Location

Exterior

Building

Schools

Others

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3250 PELHAM Street