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$ 2,300,000
Est. payment /mo
Active
424 Fremont Street Bloomfield Hills, MI 48302 0343
1,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $1,533
Subdivision Mi
MLS Listing ID 60977884
Annual Tax Amount $5,004
Lot Size 6.000 Acres
Acres 6.0
Lot Dimensions 250 x 175
Property Sub-Type Commercial/Industrial
Property Description
Investors, here is your opportunity to own the only undeveloped land in the Bloomfield - Bloomfield hills area. This 4 parcel, 6.5-acre, property located on Fremont st right off of Franklin rd features 3 houses, a private road, and sits adjacent to the proposed multi-million-dollar Bloomfield Hollow project! With commercial zoning c3 already in place, the opportunities are endless! Sale includes 424, 374, 362, & 350 Fremont St. The property is already generating over $6000/month! 350 Fremont is already zoned and being used as commercial truck parking and generating $3000 per month. 424 Fremont has 2br 1ba with basement and is generating $1650/month. 374 Fremont has 4br 3.5ba and has the potential to fetch $3000/month. 362 Fremont has 3br and 2ba and generating $1750/month. Residential and commercial tenants can stay, making this a cash flowing property day 1 or the property can be delivered totally vacant and ready for redevelopment asap! The proposed 30,000 sq ft event venue is slated to break ground this year and will bring variety of upscale events and patrons to the area and will make this property a perfect place for a potential hotel, restaurant, condominiums, or mixed-use development. Act now and act fast and be the first to capitalize on this potential multi-million-dollar high yield investment
Location
State MI
County Oakland
Area Bloomfield Twp (63196)
Zoning Commercial
Building
Foundation Crawl
Water Other-See Remarks
Structure Type Vinyl Siding
Others
Ownership Private
Financing Cash
Virtual Tour https://youtube.com/shorts/dOJ8ogsAjWI?si=TPk3rRiZ6cwBWAm2
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Listed by C Miles Realty LLC
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