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21599 Parke Ln - Development Opportunities Grosse Ile

11.7 Acres of Commercial Land Offered at $295,000 in Grosse Ile, MI 48138

Executive Summary

Master Plan is underway to support the zoning required for the development of Senior Housing, Homes, Condos and Apartments on the island of Grosse ile. Well located to east river. High barrier of entry for development on the Grosse IIe island with utilities and paved streets a rare opportunity; consist of 4.2 acres of land former baseball field $600,000; 7.5 acre wooded land area $650,000; 5700 sf former convent $295,000. The property can purchased in whole or part. The former Convent can be converted to appts, licensed senior. Land and Convent will require rezoning to develop. Twp is open to new development; church will remain. Note the Seller will not sell the former convent until the 2 land opportunities are closed. Call for further details.

Property Facts

Price $295,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 11.70 AC

1 Lot Available

Lot

Price $295,000
Price Per AC $25,214
Lot Size 11.70 AC
  • Listing ID: 25724380

  • Date on Market: 5/17/2022

  • Last Updated:

  • Address: 21599 Parke Ln, Grosse Ile, MI 48138

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