$600,000
Est. payment /mo
1,973 SqFt
New
26529-26545 John R Road Madison Heights, MI 48071
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,973 sqft
Price per Sqft $304
Municipality Madison Heights
Subdivision Madison Heights
MLS Listing ID 20261057137
Year Built 1958
Annual Tax Amount $6,056
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100X111X175X122X75X11
Source Realcomp
Property Description
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
Location
State MI
County Oakland
Zoning Commercial,Multi-Family,R
Direction Take John R Road to 2 blocks South of 11 Mile Rd to property on west side of street across from the school.
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Slab
Water Public
Others
Tax ID 2523233014
Listed by Brookstone, Realtors LLC
NEARBY SCHOOL & BUSINESS
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