M-59 - Commercial LAND FOR SALE


Sterling Heights, MI 48314 386,377 SF
$4,999,999 USD
248-226-1610
M-59, Sterling Heights, MI for Sale
$4,999,999 USD
Commercial LAND - FOR SALE
1/2
386,377 SF

M-59
Sterling Heights, MI 48314


HIGHLIGHTS

  • Prime Land on M-59 (Hall Road) | Nearly 900 Feet of Frontage | M-59 & M-53
  • Nearly 9 Acres on 6 Contiguous Parcels | Fit for a Variety of Uses Including Retail, Hospitality, Medical, Storage, Etc.
  • Land / Development Site | Zoned C-1 Commercial and Residential
  • One of Last Parcels on Busy M-59 Corridor | Over 87,000 Vehicles Traveling Per Day
  • 241,000 People in 5-Mile Radius | $90,000 Income in 5-Mile Radius
  • Detroit MSA | 4.3 Million People | 14th Largest MSA in United States

OVERVIEW

The Jonna Group of Colliers International has been selected to exclusively represent the sale of the prime M-59 and M-53 land opportunity in Sterling Heights. The subject site is situated on 6 contiguous parcels totaling nearly 9 acres. The site is strategically situated with high visibility and exposure off eastbound M-59, one of the busiest highways in the state that consists of over 87,000 vehicles traveling per day. The site is just minutes from Lakeside Mall, a Taubman-built super regional shopping mall that totals over 1.5 million-square feet and 90 stores, and The Mall at Partridge Creek, an open-air shopping mall with over 90 distinctive stores and restaurants. The rare land piece benefits from being well-positioned in a dense retail corridor and surrounded by other notable national retailers in the immediate vicinity that include Costco, Sam’s Club, Kroger, Meijer, CVS, Walgreens, Best Buy, At Home, Target, Home Depot, Lowe’s, Kohl’s, Hobby Lobby, Dick’s Sporting Goods and more.

FOR SALE DETAILS

PRICE

$4,999,999 USD

PRICE/ACRE

$563,698/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8.87 Acres | Prime M-59 Frontage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Mixed Use, Hospitality, Apartment Units - Senior, Bank, Distribution, Hold for Development, Hospital, Hotel, Medical, Restaurant, Self-Storage, Warehouse

LAND ACRES

8.87 AC

LAND SF

386,377 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-1, Sterling Height

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Simon JonnaJonna GroupMore Info
248-226-1610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.