$50,000 for Sale

516 ashland street, detroit, MI 48215

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.
Waterfront
Water Name:  detroit river
Water Description:  Canal Access,Canal Front,Direct Water Frontage,Private Water Frontage,River Access
General Information
Sale Price: $50,000
Price/SqFt:
Status: Active
MLS#: rcomi20240073839
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: fox creek (plats)
Acres: 0.1
Lot Dimensions: 30 x 140
Size:
Acreage: 0.1 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $301
Est. Winter Taxes:  $7
Legal Description:  E ASHLAND 500 EXC THE ELY 10 FT FOX CREEK SUB L25 P73 PLATS, W C R 21/295 30 X 140


IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse, Phone: (313) 658-6400
(810) 625-7163 Call Ryan Ulshafer for more information about this property.

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Ryan Ulshafer
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