26529-26545 John R RD, Madison Heights, MI 48071
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$ 600,000
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26529-26545 John R RD Madison Heights, MI 48071

1,973 SqFt


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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 1,973 sqft

Price per Sqft $304

Subdivision Oak Gardens

MLS Listing ID 20261057137

Year Built 1958

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type RealEstateOnly

Property Description

If you ever wanted a chance to build a city, this may be your chance. Exceptional Downtown Redevelopment Opportunity along the John R Corridor Madison Heights New City Center. Unlock maximum density with this 0.455-acre dual-parcel commercial sites 26529 & 26545 John R Road Madsion Heights, a commercial building and a vacant adjacent lot boasting a commanding 175 feet of main road frontage on John R corridor just south of 11 Mile Road across from the school. Capitalize on developing of the new high-density zoning “CC” and John R high exposure with traffic counts averaging 21,000+ vehicles per day, completely surrounded by a dense residential population. Under the forward-thinking 2024 "CC" (City Center) zoning, developers can maximize ROI with high-density mixed-use construction. Allowable frameworks permit up to 4 stories of dedicated residential housing, or a 3-over-1 mid-rise featuring vibrant ground-floor retail beneath multi-family units. The offering includes a highly leasable 1,973 sq. ft. concrete block structure paired with an adjacent, shovel-ready infill lot to accelerate your building timeline. Rent it out until your finalized in planning. The city's pro-downtown development attitude shows, been pouring money into this area eagerly welcoming developers to come in sit down, dream and build. Reshape this beautiful community into a vibrant downtown and a city center for all to love and enjoy. What would you build? Come see all the possibilities the city has in the Design Guidelines/Concept Packet.

Regional Transit & Connectivity Highlights Logistics & Expressways: Sits within 1 mile of the I-75 and I-696 interchange. Metropolitan Center: 15 min to Downtown Detroit, International Crossings: 18 min to the Detroit-Windsor Tunnel. Transit Infrastructure: Located 3 miles from the regional train station, 6 miles from the airport, and 8 miles from the commercial waterway. 3 min to Royal Oak, 10 min to Troy, 15 min to Birmingham.

BTVAI, & IDRBNG

Location

State MI

County Oakland

Area Area02252Madisonheights

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features OnSite

Fence Fenced

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type BuiltUp, Rubber

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Madison Madison Hts

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Julia L Myers of Brookstone, Realtors LLC

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26529-26545 John R RD