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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 1,750,000

Est. payment -/mo

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Active

14211 W 11 MILE Road Oak Park, MI 48237

1,600 SqFt

UPDATED:

10/03/2024 03:04 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $1,093

Subdivision The Manhattan Sub

MLS Listing ID 20240074299

Originating Board Realcomp II Ltd

Year Built 1957

Annual Tax Amount $3,904

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 103.00 x 108.00

Property Description

THE DEVELOPERS DREAM! Already approved for mid-rise mixed use/ multifamily, the City of Oak Park will make this development easy for you. With most approvals already in place for between 6-8 stories, parking structure, and commercial on the first floor, the City planner and Mayor of Oak Park WANT this to be a part of their new Downtown Oak Park. Other development options are available if you're looking for townhouses or mixed use with both apartments and condos. The City is open to moving the building approach from 11 mile to the side street, Gardens, to streamline entry onto the property. With all new restaurants and entertainment opening monthly next door to this development, walking Oak Park's new downtown will be the destination spot. Not to mention the benefit of local parks being just 5 minutes away and award winning Berkley Schools! There are endless possibilities for development here with a City that is willing to make it happen. The land behind the building is currently owned by Oak Park where they will allow for a structure. Approval for digging below grade for underground parking has also been verbally approved for mid-rise. Photos are for design ideas. currently single story commercial building is existing.

Location

State MI

County Oakland

Area Oak Park

Zoning Commercial,Multi-Family

Direction South of 11 Mile, W of Coolidge

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick

Schools

School District Berkley

Others

Tax ID 2519202007

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange, USDA Loan (Rural Dev)

Listing Terms Cash, Conventional, Trade/Exchange, USDA Loan (Rural Dev)

Financing Cash,Conventional,Trade/Exchange,USDA Loan (Rural Dev)

Special Listing Condition Full Service

Listed by KW Domain

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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