29448 John R Road, Madison Heights, MI

Others for Sale - $1,850,000 - 11,359 Sq. Ft. on 4 acres


Agent Info

Lawrence Campbell
CENTURY 21 Campbell Realty, Inc.

Property Info

CIMLS#1120079
Location
  29448 John R Road
  Madison Heights MI 48071
UpdatedApril 7th, 2022
TypeOthers
Price$1,850,000
Building11,359 Sq. Ft.
Land4 acres

Property Description

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.


Financials



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