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$699,000
Est. payment /mo
6,400 SqFt
Active
26751 BALLARD Street Harrison Twp, MI 48045 2419
UPDATED:
09/13/2024 06:19 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $109
Subdivision Mi
MLS Listing ID 60339474
Annual Tax Amount $9,084
Lot Size 5.180 Acres
Acres 5.18
Lot Dimensions 478 x 400
Property Description
This unique 5+ acre property, located in Harrison Township, offers a prime development opportunity. Originally constructed in 1980 as a medical facility, the building stands adjacent to a small, recently discontinued hospital. While the existing structure may not meet current market demand, the real value lies in the potential for redevelopment. Given its strategic location, less than a half-mile from Lake Saint Clair, this property is ideally situated for residential development. Imagine the possibilities: condos, townhouses, or other residential projects catering to the boating and recreational community of Lake Saint Clair. The property is set within a residential area, and while it is currently zoned commercial, a city ordinance change for residential use is likely attainable, making this an appealing prospect for savvy investors. Accessibility is another key feature, with I-94 freeway and Metropolitan Parkway just minutes away, and Metro Beach within a 10-minute drive. This property offers a rare opportunity to create a residential community in a desirable area with strong demand for housing. Whether you’re a developer, builder, or investor, this property represents a unique chance to transform an underutilized asset into a thriving residential development. Seize this opportunity to capitalize on the location and potential of 26751 Ballard St.
Location
State MI
County Macomb
Area Harrison Twp (50015)
Zoning Commercial
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Fortuna & Associates Real Estate Services LLC