68104-68074-680 Main Street Active

Richmond,MI 48062

$ 1200000

- Bed

- Bath

27443 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 27,443 sqft

Price per Sqft $43

MLS Listing ID 50158135

Year Built 1905

Lot Size 0.630 Acres

Acres 0.63

Lot Dimensions 9999999

Property Description

Rare Investment Opportunity in Northern Macomb County!** Attention investors and developers: this is your chance to secure three prime commercial buildings situated on a **high-traffic Main Street** in **Richmond, Michigan**, where over **25,000 vehicles pass daily**. Positioned on a rural state highway, this location offers unparalleled visibility with **0% risk of a freeway reroute** due to the area's established infrastructure and rural nature. Richmond is a **thriving, up-and-coming community**, home to more than **25,000 captive surrounding residents** who rely on this business district as their central hub for services, shopping and dining. Poised for continued growth, this property is ideal for a **redevelopment grant** project, presenting the perfect opportunity to **scrape the existing structures** and build a vibrant, **three-story mixed-use condominium development**. Imagine a modern, walkable **mixed-use project** featuring retail or restaurant space on the ground level and upscale condominiums above—catering to Richmond's growing demand for residential and commercial space. Whether you're looking to tap into the city's strong local economy or capitalize on the area's natural growth, this project offers an **incredible upside** with potential financial incentives available for redevelopment. Don’t miss out on this **rare opportunity** to shape the future of Richmond's vibrant business district!

Location

State MI

County Macomb

Area Richmond (50032)

Building

Water Public Water

Others

Ownership Private

Financing Cash,Commercial Loan,Land Contract

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