141 W Elizabeth
Lake Orion Vlg, MI, 48362 $ 1,000,000
Baths0.0 Sq 100 Monthly Estimate*
$ 6,985
Studio Commercial Property for sale in Lake Orion Vlg, MI
for $1,000,000. This 100 square foot building was built on a lot size of 0.78.
Welcome to a rare and exceptional opportunity in the heart of Lake Orion, Michigan! This raw land parcel is fully approved for the construction of 16 luxurious apartments, offering a perfect blend of suburban tranquility and urban convenience. Located just a short walk away from the charming downtown area of Lake Orion and Lake Orion, this property is surrounded by major developments, ensuring a promising return on investment for savvy developers and investors. With all necessary permits and approvals already in place, this property is ready for construction to begin on the new apartment complex. Take advantage of the thriving real estate market in Lake Orion and bring your vision to life in this highly desirable location. Don't miss out on this incredible opportunity to create a landmark development in a prime location. Reach out today to learn more about this property and make your mark on the vibrant community of Lake Orion, Michigan!
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FeaturesGeneralSewer Sewer at Street
Possession At Close
Zoning Multi-Family Residential
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Other
Cumulative Days on Market 29
MLS Area Lake Orion Vlg
Directions M-24 to West on Elizabeth St.
City Lake Orion Vlg
Terms Offered Cash Conventional
School District Lake Orion
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Elizabeth
Total Sq Ft 100
DOM 29
Legal Description T4N R10E SEC 2 SUPERVISOR'S PLAT NO 8 PART OF LOT 7 BEG AT PT DIST S 88-18-30 E 388.05 FT & S 83-50-10 E 44.10 FT & S 69-19-01 E 107.93 FT & S 58-36-42 E 20.43 FT FROM NW LOT COR TH S 58-36-42 E 86.4
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ExteriorWaterfront 0
Lot Size Area 0.78
Water Source Water at Street
Lot Size Dimensions 215 x 152
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Internal OnlyOriginating MLS Realcomp II Ltd
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* Excluded FeaturesList ByJames GillenListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,985
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
848551 Elementary School
848490 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2024 | $1,000,000 | | Listed Price |