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$299,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 60920855
Style Vacant Land
Annual Tax Amount $1,926
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 100 x 180
Property Sub-Type Vacant Land
Property Description
0.41-acre 180'x100' development site located at the northeast corner of Arcola Avenue and Cherry Hill Road in the heart of Garden City. This shovel-ready parcel has already undergone a zoning change from C-1 to R-3, allowing for multi-family residential development by right. Site plans have been completed for a two-story, 7-unit apartment building (2 one-bedroom and 5 two-bedroom units), with a total building footprint of 3,670 sq. ft. per floor and a proposed height of 22 feet. The site meets and exceeds parking requirements with 20 on-site spaces (including 2 barrier-free), and features approved layouts for landscaping, utilities, and storm water management. Key engineering components, including grading, utility, lighting, and landscape plans have all been professionally prepared. Conveniently located near shopping, restaurants, and major roadways, this property is ideal for developers or investors seeking an infill multi-family opportunity in a strong rental market. Ample visibility at signalized intersection. All utilities are available at the street.
Location
State MI
County Wayne
Area Garden City (82082)
Zoning Multi-Family
Building
Water Public Water, Public Water at Street
Schools
School District Garden City School District
Others
Ownership Private
Financing Cash,Conventional
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Listed by Own It Realty
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