300 Adelaide StFenton, MI 48430

Property Details for 300 Adelaide St

Year built

1910

Lot size

0.76 AC

Property size (Sq ft)

1,376 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use property at 300 N Adelaide Street in Fenton, Michigan, presents a compelling investment opportunity. Located in the heart of downtown Fenton, this 0.76-acre lot offers a prime location with high visibility and walkability to numerous restaurants and amenities. The property currently features three structures totaling 1,376 square feet, and is zoned for commercial use, allowing for a variety of development options. The asking price is $750,000, translating to $617 per square foot. Built in 1910, the existing structures are situated on a hard corner, providing excellent exposure. The property's potential is further enhanced by its "almost shovel-ready" status for a proposed four-story mixed-use building, incorporating retail, office, and potentially multi-family residential components. This presents a unique chance to capitalize on Fenton's thriving downtown area. The property includes three separate tax IDs: 5326582032, 5326582033, and 5326582029. The four-story building plan offers significant upside potential, making this a truly remarkable investment prospect in a desirable Michigan location. The property is classified as retail, multifamily, office, and mixed-use, with subtypes of traditional office and apartment building.

Location Insight

City

Fenton

County

Genesee

State

Michigan

Latitude

42.7986

Longitude

-83.7097

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