508 Concord Street, Detroit, MI 48207

Property Description

This is a package listing 498,490,502,508 516 Concord - both properties must be sold together $40,000. Excellent opportunity to develop in a growing Detroit neighborhood. Vacant residential parcel with easy access to Midtown, Corktown, downtown Detroit, major employers, and neighborhood amenities. Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Listing Status:

Active

Date Added:

July 30, 2026

Data Last Updated:

August 20, 2026 at 4:45PM

Listing Office:

Keller Williams Realty-Great Lakes : 586-541-4000

Listing Agent:

Erick Monzo : 586-808-6436

MLS ID:

61016374

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E CONCORD S 34.30 FT OF W 107.64 FT OF 8 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATSW C R 15/16 34.30 X 107.64

Utilities

• Water: Public

Financial

• Source: MiRealSource