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$ 2,299,000
$ 2,299,000
Est. payment /mo
Sold on 05/01/2025
0 APPROVED 57-UNIT TOWNHOME DEVELOPMENT Utica, MI 48315
11 Acres Lot
UPDATED:
Key Details
Sold Price $2,299,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Shelby Twp
Subdivision Shelby Twp
MLS Listing ID 20240040934
Sold Date 05/01/25
Lot Size 11.000 Acres
Acres 11.0
Lot Dimensions 1000 x 1000
Source Realcomp
Property Description
*APPROVED 57-UNIT TOWNHOME DEVELOPMENT* Extremely RARE opportunity to purchase a fully engineered multifamily development project in a highly desirable area of Shelby Township, Michigan. Attractive and efficient townhome designs by award-winning architect Martini-Samartino Design Group feature 1,650 sq. ft., 2 bedroom and 2 bathroom designs with a one car, front entry garage. Area comparable sales support sales prices up to $350K+. This project can be sold as condominiums or leased as a luxury rental community. Formerly the soccer fields of Macomb Church, the site features easy access off Schoenherr Road, just North of 22 Mile Road. Sale includes engineering plans, architectural plans, and permits.
Location
State MI
County Macomb
Area Macomb County - 50
Zoning Multi-Family
Direction *Proposed Development* East of Schoenherr Rd, North of 22 Mile Rd
Exterior
View Y/N No
Schools
School District Utica
Others
Tax ID 0724300040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Vanguard Realty Group