For Sale
Call for price

14490 Lakeside CirSterling Heights, MI 48313

Luxury Senior Housing Development

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional redevelopment opportunity presents a shovel-ready, Class A senior independent living facility in Sterling Heights, Michigan. Situated on a 3-acre lot (APN 10-10-01-106-022), this 108,060 square foot, four-story building boasts 88 units, including 56 one-bedroom units averaging 860 square feet and 32 two-bedroom units averaging 1,299 square feet. The property features two full-service elevators and is zoned RM3, allowing for high-density development. All utilities are in place, and the project has received complete approvals, including finalized architectural and engineering plans. Construction is slated for completion in 2024, offering immediate potential for a strong return on investment. This prime location in Macomb County, at 14490 Lakeside Cir, Sterling Heights, MI 48313, provides convenient access to local amenities and services, making it an ideal setting for senior independent living. The property's modern design and comprehensive amenities are poised to attract a high demand within the thriving senior housing market. This is a turnkey opportunity for an investor seeking a high-quality, fully approved senior living development.

Highlights

  • RM3 High-Density Zoning
  • 88 Units
  • Two Full-Service Elevators
  • Approximately 3-Acre Site
  • All Utilities Available
  • Fully Approved Plans

Property Details for 14490 Lakeside Cir

Property type
Retirement homes, Mixed-use properties
Square Feet
108,060 SF
Class
A
Year Built
2024
Buildings
1
Stories
4
Lot Size (sq. ft)
130,680 SF
Units
88

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.620430864417
Longitude
-82.982901625352
14490 Lakeside Cir, Sterling Heights, Michigan

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14490 Lakeside Cir
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