Prime Real Estate Redevelopment Opportunity: 12 Mile / John R / I-75 / I-696 Area - The current use is City of Madison Heights Active Adult Center with approximately 11,359 square feet (+/-) and plenty of parking. All showings are by appointment only. Parcel is 4.90+/-acres (gross) with 3.60+/- acres of net usable (259 x 614 +/-) which is the rectangular portion of property. Parcel is currently zoned M-1 LT. Future land use for the site supports possible rezoning prior to sale, dependent upon the proposal and accepted purchase agreement. Future use and proposed development will be taken into consideration along with overall price for any offers received by the City of Madison Heights. All offers are subject to and contingent upon any and all necessary approvals from the City of Madison Heights. Occupancy and possession to be determined. Conveyance by Covenant Deed.
- Price:
- $1,850,000
- Square Footage:
- 11,359
- Acreage:
- 4.91
- Year Built:
- 1970
- Listing ID #:
- 2220010970
- Street Address:
- 29448 John R Rd
- City:
- Madison Heights
- State:
- Michigan
- Postal Code:
- 48071
- County:
- Oakland
- Community:
- Madison Heights
- Listing Status:
- Active
- Listing Type:
- Commercial
- Foundation:
- Slab
- Foundation Material:
- Block, Brick/Mortar
- Has Handicap Features:
- Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Common Area, Enhanced Accessible, Visitor Bathroom, Other Accessibilityfeatures
- Main Level Square Footage:
- 11359
- Siding:
- Block/Concrete/Masonry, Brick, Other
- Stories:
- 1 Story
- Total Building Square Footage:
- 11359
- Type Of Roof:
- Built-Up, Other
- Year Built:
- 1970
- Business Type:
- Service, Recreational
- Conforms To Zoning:
- Light Industrial
- Existing Land Use:
- City Of Madison Heights Active Adult Center
- Road Frontage:
- 259
- Road Frontage Type:
- Paved
- Days On Market:
- 148
- Financing Options:
- Cash, Conventional, Covenant Deed
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Outbuildings:
- Shed, Pole Barn
- Existing Water:
- Public (municipal)
- Heating:
- Forced Air, Other, Central Air
- Heating Fuel:
- Natural Gas
- Sewage Type:
- Public Sewer (sewer-Sanitary)
- Water Heater:
- Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
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IDX provided courtesy of Realcomp II Ltd., via Arterra Realty and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders
