REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 600,000
Est. payment /mo
New
26529-26545 John R Road Madison Heights, MI 48071 3611
1,973 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,973 sqft
Price per Sqft $304
Subdivision Mi
MLS Listing ID 61015960
Annual Tax Amount $6,056
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100X111X175X122X75X11
Property Sub-Type Commercial/Industrial
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 Madison Heights (63252)
Zoning Commercial,Multi-Family,Residential
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Slab
Water Public Water
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Brookstone, Realtors LLC