Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 2500 Alter in Detroit, MI is listed for $350,000 ($246 per sqft). Built in 1924, the home offers 1,420 sqft of living space on a 0.83 acres lot.

Agent Description

Incredible business opportunity. This large parcel is ready for development on seven vacant lots bordering Grosse Pointe Park and all the amenities it has to offer. With six contiguous parcels forming a substantial development footprint, plus one additional lot, this property provides unmatched flexibility for a variety of projects.

Large brick structure on one of the lots has plumbing and electrical utilities. Whether you’re envisioning residential housing, mixed-use space, or a creative commercial venture, these lots offer the scale and location to make it happen. The contiguous section allows for a unified site plan, while the separate lot provides added possibilities such as additional parking, a satellite retail space, or a standalone residential unit.

The area’s proximity to Grosse Pointe means you’re tapping into a strong market with high demand, exceptional schools, vibrant shopping and dining, and easy access to waterfront recreation. The surrounding community is well-established, offering a built-in customer base and an attractive environment for future residents or businesses.

Zoned PD - Planned Development Development. With utilities available and the potential for multiple configurations, the development options are truly endless. Bring your vision as this is the blank canvas you’ve been waiting for. Seize this rare chance to secure a significant piece of property in a prime location poised for growth with multiple large developments already in progress.

Key Features

  • Built in 1924
  • 0.83 acre lot

Property Details

1924

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

2500 Alter

Detroit, MI 48215

East End Manor Sub

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2500 Alter is listed at $350,000 ($246/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.83 acre lot.

This property is listed by Michael DeFauw and can be reached at 3138205428 or realtormikedefauw@gmail.com.

MD

Michael DeFauw

Agent at Sine & Monaghan LLC

(313) 820-5428

Listed by Sine & Monaghan LLC · View on Broker Site

MLS# 50185410· Source: listhub· Updated 290 days ago

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2500 Alter, Detroit, MI 48215

Open this listing in: