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26529-26545 John R Road, Madison Heights, Mi 48071

$600,000
  • 26529-26545 John R Road, Madison Heights, Mi 48071 Main Photo

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New to the Market (Short Sale) - Active
SQUARE FEET1,973 MLS#20261057137
STATUS(Short Sale) - Active PROPERTY TYPECommercial - Business SUBDIVISIONO A K G A R D E N S SCHOOLMadisonMadisonHts

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

26529-26545 John R Road | MLS# 20261057137

This commercial property located at 26529-26545 John R Road, Madison Heights, Mi 48071 is currently listed for sale with an asking price of $600,000. 26529-26545 John R Road is located within the MadisonMadisonHts school district. Search Madison Heights real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Window Units
Fenced: Yes
Heating: Forced Air
Lot Size: 0.46 Acres
Roof Type: BuiltUp, Rubber
Stories: 1.0
Taxes: $6,056
Year Built: 1958

Feature Descriptions

Building Features: Other
Days on Site: 4
Exterior: Block, Concrete
Fencing: Fenced
Lot Dimensions: 100X111X175X122X75X11
Other Structures: Storage
Parcel#: 2523233014
Parking: On Site
Parking Notes: On Site
Security: yes
Security: Security System
Sewer: Public Sewer
Summer Tax: 4731.38
Utilities: Above Ground Utilities
Water: Public
Winter Tax: 1325

Local Schools

School District: MadisonMadisonHts

Listed By / Shown By

Listed By

Agency Name: Brookstone, Realtors LLC
Agency Phone: 2489630505

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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