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$599,900
Est. payment /mo
2 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251044698
Lot Size 2 Sqft
Property Sub-Type ImprovedLand
Property Description
Redevelopment Opportunity with Versatile Potential Uses. This property offers several redevelopment options, including multi-family housing with 20 units, residential lots for 6-7 homes, or a medical/office facility. Previously proposed to the city as a luxury townhome development, the project included 22 high-end, 3-story townhome units, each with 3 bedrooms, 2.5 bathrooms, and a one-car attached garage. The initial design had Building A with 9 units, Building B with 9 units, and Building C with 4 units. However, the City Planner recommended adjusting the design to 20 units, 2 stories high, with Building A and Building B each containing 10 units. Additionally, Building C would be replaced by a cul-de-sac and retention area to improve feasibility. Located within the award-winning Utica School District, this lot is just a quarter mile from Troy Beaumont/Corewell Hospital and is conveniently close to the M59 Expressway. The property spans 132.5 feet by 700 feet, with approximately 2 acres of cleared land and is zoned R-100. Survey and preliminary site plans are available. The property is near expressways, restaurants, schools, and places of worship. Buyer to verify all details.
Location
State MI
County Macomb
Area Area03101Sterlingheights
Exterior
View Y/N No
Garage false
Building
Lot Description Cleared, Sidewalk
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
Schools
School District Utica
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Claudia Shamo of Century 21 Professionals Sterling Heights
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761
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