Madison Heights, MI 48071
MLS# 20261057137
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
Listed by Julia L Myers · Brookstone, Realtors LLC
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$3,034/mo
$120,000 down · $480,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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