Commercial Land for Sale in Detroit, Michigan
530 S Colonial St, Detroit, MI 48217
Huge almost 2 acre commercial lot, great location near commercial/industrial area, lot size is 360ft x 220ft, zoned M4 (heavy industrial), could possibly be developed into Gas Station, Retail Storefront, Medical Facility, Car Wash, Parking Structure, Medical Marijuana, Truck Repair Facility, along with many other possible uses, property is located near Marathon Gas Terminal, close to Major Highways, 1.82 acres, buyer & buyer's agent to verify all listing information, see city for exact zoning uses available, all data apx.
Location
- Street address
- 530 S Colonial St
- County
- Wayne County
- Community
- Oakwood Sub
- School district
- Detroit
- Elevation
- 584 feet
Directions
Corner of S. Colonial & Ormond St.
Property details
- Acreage
- 1.82 acres
- Zoning
- Commercial
- MLS #
- REALCOMP 20230067949
- Posted
Property taxes
- Recent
- $1,195
Parcels
- 20016266.
Legal description
Property exempt from Ad Valorem taxes and assessed pursuant to PA 261 of 2003 expiring 12/30/2010. N COLONIAL 407 THRU 418 REAR LOTS 501 THRU 512 AND VAC ALLEY ADJ OAKWOOD L13 P36 PLATS, W C R 20/401 360 X 220
Details and features
Listing
- Type
- Land
- Franchise
- Century 21 Real Estate
Exterior
- Features
- Sidewalks
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | Under contract | $598,800 | — | REALCOMP |
| Aug 27, 2024 | Price drop | $598,800 | $1,000 -0.2% | REALCOMP |
| Dec 28, 2023 | Price drop | $599,800 | $50,000 -7.7% | REALCOMP |
| Aug 17, 2023 | New listing | $649,800 | — | REALCOMP |