12
See all 12 photos
$299,000
Est. payment /mo
0.41 Acres Lot
New
116 Arcola Dearborn Heights, MI
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Garden City
Subdivision Garden City
MLS Listing ID 20251019681
Annual Tax Amount $1,926
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 100 x 180
Source Realcomp
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 Wayne County - 100
Zoning Multi-Family
Direction West of Inkster, North of Cherry Hill
Exterior
View Y/N No
Building
Lot Description Corner Lot, Cleared
Schools
School District Garden City
Others
Tax ID 35015010051001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Own It Realty