For Sale
$700,000

59700 North Ave Ray, MI 48096

20 Acres, Industrial/Commercial, $700,000

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 20-acre parcel presents a unique opportunity for industrial or commercial development in Macomb County, Michigan. Located at 59700 North Ave, Ray, MI 48096, this property sits conveniently on a paved road, bordering Chesterfield Township. Priced at $700,000, this land is ready for immediate development. A significant advantage is the pre-existing well water installation, eliminating a crucial initial expense. Furthermore, comprehensive traffic and feasibility studies have already been conducted, streamlining the permitting process. Approvals for a mini self-storage facility are already in place, offering a viable development path. This offering presents a compelling standalone investment. However, for those seeking a larger footprint, an adjacent 23.5-acre parcel is available for purchase, creating a combined 43.5-acre opportunity for $1,250,000. This combined purchase is contingent upon a simultaneous sale of both parcels to a single buyer. The property's strategic location, existing infrastructure, and readily available approvals make it an attractive proposition for discerning investors and developers. Don't miss this chance to acquire a prime piece of Michigan commercial real estate.

Highlights

  • 20-acre industrial/commercial parcel in Macomb County, MI.
  • Located at 59700 North Ave, Ray, MI 48096, on a paved road bordering Chesterfield Township.
  • Priced at $700,000, ready for immediate development with pre-existing well water.
  • Feasibility and traffic studies completed; approvals for a mini self-storage facility in place.
  • Adjacent 23.5-acre parcel available for simultaneous purchase, creating a 43.5-acre opportunity for $1,250,000.

Property Details for 59700 North Ave

Property type
Land, Industrial properties

Location Insight

City
Ray
County
Macomb
State
Michigan
Latitude
42.738931
Longitude
-82.873509
59700 North Ave, Ray, Michigan

FAQs

What type of property is this?
Land - 20 Acres, Industrial/Commercial, $700,000
Where is the land located?
The property is located at 59700 North Ave Ray, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 20-acre industrial/commercial parcel in Macomb County, MI.; Located at 59700 North Ave, Ray, MI 48096, on a paved road bordering Chesterfield Township.; Priced at $700,000, ready for immediate development with pre-existing well water.
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59700 North Ave
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