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$650,000
Est. payment /mo
2 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Sterling Heights City
Subdivision Sterling Heights City
MLS Listing ID 20250014647
Originating Board Realcomp
Annual Tax Amount $3,334
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 132.5x700
Property Description
Redevelopment Opportunity with Versatile Potential Uses. This property offers several redevelopment options, including multi-family housing with 20 units, residential lots for 6-7 homes, or a medical/office facility. Previously proposed to the city as a luxury townhome development, the project included 22 high-end, 3-story townhome units, each with 3 bedrooms, 2.5 bathrooms, and a one-car attached garage. The initial design had Building A with 9 units, Building B with 9 units, and Building C with 4 units. However, the City Planner recommended adjusting the design to 20 units, 2 stories high, with Building A and Building B each containing 10 units. Additionally, Building C would be replaced by a cul-de-sac and retention area to improve feasibility. Located within the award-winning Utica School District, this lot is just a quarter mile from Troy Beaumont/Corewell Hospital and is conveniently close to the M59 Expressway. The property spans 132.5 feet by 700 feet, with approximately 2 acres of cleared land and is zoned R-100. Survey and preliminary site plans are available. The property is near expressways, restaurants, schools, and places of worship. Buyer to verify all details.
Location
State MI
County Macomb
Area Macomb County - 50
Zoning Multi-Family,Office,Resid
Direction North of 19 Mile Rd / East of Dequindre Rd.
Exterior
View Y/N No
Building
Lot Description Cleared
Schools
School District Utica
Others
Tax ID 1006300007
Acceptable Financing Cash
Listing Terms Cash
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Listed by Century 21 Professionals Sterling Heights