Detroit, MI 48215,516 Ashland Street
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Detroit, MI 48215,516 Ashland Street
Detroit, MI 48215,516 Ashland Street
Detroit, MI 48215,516 Ashland Street

$35,000

Est. payment /mo

$50,000

30.0%
Est.Price: ?

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516 Ashland Street Detroit, MI 48215

4,356 Sqft Lot

SOLD DATE : 11/18/2024

Key Details

Sold Price $35,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20240073839

Sold Date 11/18/24

Originating Board Realcomp

Annual Tax Amount $308

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 30 x 140

Property Description

Unique opportunity to build a "grandfathered" livable boathouse on a canal with 30 feet of frontage, with direct access to the Detroit River. The rapidly growing Jefferson Chalmers neighborhood feels like a quaint fishing village, with its canals feeding to the river. Originally holding a 1400 SF, two-story house built over two boat wells, the property was damaged by a fire in 2020. With part of the structure remaining, there is a grandfathered opportunity to build back to original specifications or simply build a boat lift with a garage/ guesthouse/ structure above it. Originally the owner was able to park their boats beneath the house and walk up to the living quarters. There are still 2 concrete boat wells with a concrete lip to the left and front. The wells are big enough for speedboats and small watercraft. The structure will need to be replaced but enough remains to grandfather in the build to the original footprint or simply build a boathouse/ guesthouse with a boat lift and build a livable house in front of the wells. Consult an architect or other knowledgeable professional for the specific details. A great opportunity for the right investor/developer.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction Jefferson Ave to Ashland St, S on Ashland, property on the left

Exterior

Waterfront Yes

View Y/N No

Others

Tax ID W21I061932S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Berkshire Hathaway HomeServices The Loft Warehouse

Dirk Stone

+1(231) 740-9298

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