|Price/Rent PSF||$ 280,000.00|
The 3.31 acres of land are located between East Cross Street and East Michigan Avenue 2.5 Miles away from I-94 and US 12, making this land easily accessible to other neighboring cities. This is a great opportunity for a Multi-Family or Assisted Living development. Currently the Student population in the area is high, as to Eastern Michigan University is Two Miles East and University of Michigan is only 10 Miles West. Also, by 2020 the 65 years or older population will reach 18,271 that is 15.6% of the population that will need to plan for housing or care with the area. This is a terrific location for a development to fit the needs for these two growing populations.
3 vacant parcels totaling 3.31 Acres