For Sale
$949,000

156 Gates St Bruce, MI 48065

5.2-Acre Industrial Condo Development

Overview

Added:
Feb 3
Days on market:
84
This exceptional 5.2-acre industrial property in Bruce, MI, presents a unique investment opportunity. Currently zoned RM-1 following a conditional rezoning from R-1-B, the site includes detailed site plans, survey certificates, and condominium plans and elevations, streamlining the approval process for a final site plan. The property comprises 20 total condominium units, configured as a mix of four-unit attached condominiums and duplexes, all featuring attached garages. An existing 3,000-square-foot house is situated on the land. Utilities are a combination of city water and wells, with convenient sewer access. This prime location offers easy walking access to the vibrant downtown Romeo area, known for its diverse selection of bars, restaurants, boutiques, and local entertainment venues. The property's strategic zoning and well-defined plans make it ideal for developers seeking a ready-to-build industrial condominium project. The comprehensive documentation package ensures a smooth transition to the construction phase, minimizing potential delays and maximizing investment returns. This is a rare chance to acquire a substantial industrial property with significant development potential in a thriving community. The existing infrastructure and proximity to downtown Romeo provide a compelling combination of convenience and opportunity. The property's size and layout offer flexibility for various development scenarios, catering to a wide range of potential uses within the industrial sector.

Property Details for 156 Gates St

Property type
Industrial properties
Lot Size (sq. ft)
226,512 SF

Location Insight

City
Bruce
County
Macomb
State
Michigan
Latitude
42.81039
Longitude
-83.01687

FAQs

What type of property is this?
Industrial property - 5.2-Acre Industrial Condo Development
Where is the industrial property located?
The property is located at 156 Gates St Bruce, MI.
What is the asking price?
The asking price for this property is $949,000.
How can I contact the broker?
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156 Gates St
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