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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$525,000

Est. payment - /mo

3 Beds

2 Baths

2,162 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,162 sqft

Price per Sqft $242

MLS Listing ID 61050211637

Style CapeCod

Bedrooms 3

Full Baths 2

Year Built 1951

Lot Size 6.200 Acres

Acres 6.2

Property Sub-Type SingleFamilyResidence

Property Description

Who Knew? 6.2 Acres in the City! One of the largest remaining undeveloped commercial land opportunities within the City of Midland. This approximately 6.2-acre Regional Commercial-zoned property offers exceptional development potential in a prime location behind Arby's on Shepherd Drive. The property is currently undergoing approval for a split into four separate parcels, creating multiple development and investment possibilities. An existing 3-bedroom, 2-bath home on the site could be renovated for rental income, office use, or interim occupancy while future plans are pursued. A pole barn located on one of the future parcels adds additional value and utility. A recently completed topographic survey will be provided to the buyer helping to expedite planning, due diligence and development. The combination of commercial zoning and future parcel configurations makes this a rare opportunity for development. Opportunities of this size and location within the City of Midland are becoming increasingly difficult to find.

Location

State MI

County Midland

Area Area56122Midland

Rooms

Main Level BathFull

9.0*9.0 Kitchen

Main Level, 9.0*9.0 Bedroom2

Main Level, 9.0*9.0 Bedroom3

Main Level, 9.0*9.0 Bedroom1

Main Level BathFull

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation CrawlSpace

Sewer Other/None

Water Public

New Construction No

Schools

School District Midland

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

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Listed by Rod Barriger of Modern Realty

Nearby Locations

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Erin Raetz

+1(586) 996-8410

1800 W Shepherd RD Midland, MI 48642

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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