This highly desirable 1-acre development site, zoned RD 3.3, is located just west of the University of Windsor and near the scenic Detroit River. The site plan has been completed, envisioning a 7-storey residential building with 41 units and a total of 164 bedrooms. It offers an excellent chance to meet the growing demand for student housing. The true value lies in the land itself. The existing building on-site is slated for demolition and will not be shown to prospective buyers.
PROPERTY SPECS
Price $2,500,000
City Windsor, Ontario
Address 245 Detroit Street
Listing ID 24017476
Land Size 208 FT* 208 FT
Type Vacant Land
Status For Sale
EXTENDED FEATURES
SubtypeResidential LotsAcreage1.105OwnershipFreeholdHydroOther, See RemarksUtility WaterMunicipal WaterNatural GasOther, See RemarksBuilding PermitNot AvailableTelephoneOther, See RemarksSewerSanitaryVacant Land TypeResidential LotsDate ListedJul 25, 2024Days on Market131