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$1,200,000
Est. payment /mo
27,443 SqFt
UPDATED:
12/04/2024 08:16 PM
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 27,443 sqft
Price per Sqft $43
MLS Listing ID 58050158135
Originating Board MiRealSource
Year Built 1905
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 9999999
Property Description
Rare Investment Opportunity in Northern Macomb County!** Attention investors and developers: this is your chance to secure three prime commercial buildings situated on a **high-traffic Main Street** in **Richmond, Michigan**, where over **25,000 vehicles pass daily**. Positioned on a rural state highway, this location offers unparalleled visibility with **0% risk of a freeway reroute** due to the area's established infrastructure and rural nature. Richmond is a **thriving, up-and-coming community**, home to more than **25,000 captive surrounding residents** who rely on this business district as their central hub for services, shopping and dining. Poised for continued growth, this property is ideal for a **redevelopment grant** project, presenting the perfect opportunity to **scrape the existing structures** and build a vibrant, **three-story mixed-use condominium development**. Imagine a modern, walkable **mixed-use project** featuring retail or restaurant space on the ground level and upscale condominiums above-catering to Richmond's growing demand for residential and commercial space. Whether you're looking to tap into the city's strong local economy or capitalize on the area's natural growth, this project offers an **incredible upside** with potential financial incentives available for redevelopment. Don't miss out on this **rare opportunity** to shape the future of Richmond's vibrant business district!
Location
State MI
County Macomb
Area Richmond
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Richmond
Others
Tax ID 070601163002
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Other
Listing Terms Cash, Contract, Other
Financing Cash,Contract,Other
Special Listing Condition Full Service
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Listed by Joan Schinderle-King of Realty Executives Home Towne Chesterfield
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