For Sale
$50,000

Vacant Romulus, MI 48174

1.33-acre lot, dual zoning, riverfront.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 1.33-acre commercial property in Romulus, Michigan, presents a unique investment opportunity. Located at Vacant Lot Waynecorse, 48174, the land boasts dual zoning, allowing for both commercial and residential development. The property features approximately 60 feet of frontage on Wayne Course Street, designated for commercial use, offering excellent visibility and accessibility. The rear portion of the lot, extending approximately 114 feet, is zoned residential and backs up to the Ecorse River, providing a tranquil backdrop. The lot's size and zoning flexibility offer diverse development possibilities, from commercial ventures to residential projects, or a combination of both. The property's location is adjacent to 6840 Wayne Course St, providing convenient access to existing infrastructure and potential synergies. The assessed parcel number (APN) is 80020030022300. With a total asking price of $50,000, this translates to approximately $37,593.98 per acre, representing a compelling value in the current market. This property is ideal for developers seeking a versatile site with significant potential for return on investment. Serious inquiries are encouraged.

Highlights

  • 1.33-acre commercial lot in Romulus, MI, with dual commercial/residential zoning.
  • 60' of commercial frontage on Wayne Course Street, plus 114' residential frontage backing to the Ecorse River.
  • APN: 80020030022300.
  • $50,000 asking price ($37,594/acre).
  • Adjacent to 6840 Wayne Course St.

Property Details for 0 Vacant

Property type
Land
Lot Size (sq. ft)
57,935 SF

Location Insight

City
Romulus
County
Wayne
State
Michigan
Latitude
42.22225
Longitude
-83.3966271
Vacant, Romulus, Michigan

FAQs

What type of property is this?
Land - 1.33-acre lot, dual zoning, riverfront.
Where is the land located?
The property is located at Vacant Romulus, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 1.33-acre commercial lot in Romulus, MI, with dual commercial/residential zoning.; 60' of commercial frontage on Wayne Course Street, plus 114' residential frontage backing to the Ecorse River.; APN: 80020030022300.
How can I contact the broker?
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