279 Richton st - Commercial LAND FOR SALE


Highland Park, MI 48203 13,939 SF
$439,000 USD
734-355-8858
279 Richton st, Highland Park, MI for Sale
$439,000 USD
Commercial LAND - FOR SALE
1/11
13,939 SF

279 Richton st
Highland Park, MI 48203


OVERVIEW

SALE OF THIS PROPERTY ALSO INCLUDES A BONUS VACANT LOT ACROSS THE STREET AT 279 RICHTON ST. This allows for future development opportunities to create additional profits and return on investment. 280 Richton St is a four story vacant brick building that includes 34 residential units as well as 4 commercial units on the ground level for a total of 38 units: Number of 1 Bedroom Units: 30 Number of 2 Bedroom Units: 3 Number of 3 Bedroom Units: 1 Number of Commercial Units: 4 Investing in real estate in Highland Park, MI, can be advantageous for several reasons: -Affordability: Compared to nearby areas, real estate prices in Highland Park may be more affordable, offering opportunities for investors to acquire properties at lower costs. -Potential for appreciation: Highland Park is undergoing revitalization efforts, which could lead to an increase in property values over time as the area develops and improves. -Rental demand: With its proximity to Detroit and various amenities, Highland Park can attract renters seeking affordable housing options. Investors can capitalize on steady rental demand and potentially achieve attractive rental yields.

FOR SALE DETAILS

PRICE

$439,000 USD

PRICE/ACRE

$1,371,895/AC

PRICE/SF

$31 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.32 AC

LAND SF

13,939 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis JakubRe/Max ConnectionMore Info
734-355-8858

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Dennis JakubRe/Max ConnectionMore Info
734-355-8858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.