2250 Ann Arbor Saline Road, Ann Arbor, MI 48103
sale
$3,900,000
|
Business
Courtesy Of Savarino Properties INC
2511 South State Street, Ann Arbor, MI
One of a kind, prime development business opportunity in Ann Arbor on Main St. between Stadium and Eisenhower. Just a short walk to U of M's South Campus and close to U of M's Central and Medical Campus's as well as the university's sports complexes. This premier +/- 5.36 acre lot offers is fully approved site between 75-80 units, just waiting to be developed. Property is zoned R4B. Permitted uses include assisted living facility, property adult foster care homes, assisted living facilities, nursing homes, and multi-family rental apartments. Given the exact use and design a new site plan may need to be filed and approved through the city unless the new facility is built as currently approved and shown. Other permitted uses include:, senior living, child daycare, group housing and guest house. This prime location will be an success whether it's a senior living center, or an upscale apartment complex surrounded by walking and biking trails and within close proximity not just to the University of Michigan, but multiple restaurants, retail, parks and recreation, Briarwood mall, transportation and more. Sewer, water and storm sewer at property.
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Property Features
- Age: 1-5 Years Old
- Architecture Style: Other
- Floors: 0.0
- Legal Description: COM AT NW COR OF SEC 5, T3S, R6E; TH E 984.9 FT IN N LINE OF SEC, TH DEFL 90 DEG 53' TO THE RIGHT 71
- MLSID: 3292883
- Roof Type: Unknown
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