6520 Wabash St - Residential LAND FOR SALE


Detroit, MI 48208- Rosa Parks31,716 SF
$700,000 USD
248-563-0739
6520 Wabash St, Detroit, MI for Sale
$700,000 USD
Residential LAND - FOR SALE
1/3
31,716 SF

6520 Wabash St
Detroit, MI 48208
Rosa Parks


HIGHLIGHTS

  • R6 High Density Residential zoning supports multifamily and higher-density residential development.
  • Located directly across from Young Manor Apartments, reinforcing the area's established multifamily presence.
  • Positioned less than one mile from the Henry Ford Health campus and the Future of Health: Detroit redevelopment district.
  • Ideal for apartments, condominiums, townhomes, multifamily housing.
  • Scarce R6-zoned land available in Detroit.
  • Public water & sewer with sewer access at the street

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/ACRE

$961,377/AC

PRICE/SF

$22 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Land / Multifamily / High-Density Residential

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd

LAND ACRES

0.73 AC

LAND SF

31,717 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

R6

APN/PARCEL ID

08-008961

ASK ABOUT THIS PROPERTY

Wendy AchoNAI FarbmanMore Info
248-563-0739

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Wendy AchoNAI FarbmanMore Info
248-563-0739

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.