$4,700,000 for Sale

3250 pelham street, dearborn, MI 48124

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, m
General Information
Sale Price: $4,700,000
Price/SqFt:
Status: Active
MLS#: rcomi20240090046
City: dearborn
Post Office: dearborn
Schools: dearborn
County: Wayne
Acres: 4.9
Lot Dimensions: 655.00 x 248.00
Size: 0 sq.ft.
Acreage: 4.9 est.
Year Built: 1960
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Hussein Berry of Nova Realty Group, Phone: (313) 443-7443
Call Hilda McNamara for more information about this property. (810) 874-4300

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Hilda McNamara
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(810) 874-4300