$ 600,000
-
$600,000
Price -
0.46
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 406439 - 346512
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
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1973
- Basement: Slab
- Other: 1 Story,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 100X111X175X122X75X11
- Zoning: Commercial,Multi-Family,Residential
- Roof: Built-Up,Rubber
- Others: Fenced,Block,Concrete,Class A
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $6,056
- Taxes w/Assessments: N/A
- Tax/Property ID: 2523233014
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
26529-26545 John R Rd Madison Heights, MI 48071
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
