Commercial Vacant Land - Canton

Vacant Land for Sale
Catylist Listing ID: 30811778
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.23 Acres
Sale Price: $395,000
Unit Price: $177,130 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/31/2023

Overview / Comments

2.23 acres of commercial vacant land located in Canton Township.

Zoned C-1. Ideal location for a specialty retail, bakery, flower shop, professional offices and more.

Surrounded by residential developments, small retail stores, schools, offices and commercial industries.

160 feet of road frontage on highly traveled Haggerty Road.

City water and sewer available.

Motivated Owner - Owner will consider all reasonable offers.

Owner will consider Land Contract to qualified buyer.

Financials

Finance Data Year 2022
Assessed Value - Total($) $168,100 (Annual)
Real Estate Taxes - Annual($) $5,972 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Taxing Authority: Canton Township
Tax ID/APN: 71-095-99-0003-000
Zoning: C-1 (VILLAGE SHOPPING DISTRICT)
Property Located Between: Palmer Rd and Cherry Hill Rd
Property Visibility: Excellent
Legal Description: 24S THE SOUTH 2.50 ACRES OF THE NORTH 5.0 ACRES OF THE SOUTH 660.0 FT OF THE WEST 660.0 FT OF THE W 1/2 OF THE S W 1/4 OF SEC 24 EXCEPT THE WLY PART THEREOF MEASURING 71.02 FT ON THE N LINE AND 71.45 FT ON THE S LINE OF SAID PARCEL 2.23 ACRES
Largest Nearby Street: Haggerty Rd
Feet of Frontage: 160
Highway Access: I-275, M-14, I-96, I-94
Airports: DTW
Site Description: Wooded with some low areas
Area Description: Canton is located in the heart of southeastern Michigan. Situated conveniently between Detroit and Ann Arbor, Canton is a community that has it all. Canton is just minutes from Metro Airport. Canton, Michigan has a population of over 92,000, and has an average household income of $84,000. We are home to the state's only IKEA, as well as other major retailers and employers. Ford Road is the community's main retail corridor, however, Canton's Michigan Avenue corridor is fast becoming the hot new location for retail business. This major link between I-275 and Ann Arbor features Home Depot, Dick's Sporting Goods, Target, Kohls and more. Add to that the Canton Sports Center, and you have thousands of cars traveling Michigan Avenue on a daily basis. Canton offers many business-friendly amenities including abundant and affordable space that is easily accessible via major road, air, rail, and water transport corridors. Canton is committed to development that is well-planned, as it continues to grow into a comprehensive retail, commercial, and light industrial region.
Lot Frontage: 160
Lot Depth: 588
Zoning Description: • ARTICLE 15.00. - C-1, VILLAGE SHOPPING DISTRICT[5] • 15.01. - Statement of intent. The intent of the village shopping district is to provide residential-scale convenience and personal service uses within a planned development district or areas designated as local shopping on the future land use map of the comprehensive plan. Village shopping developments shall utilize residential architectural design features and building materials and shall orient the buildings in a non-linear manner to prevent common "strip commercial" development. All village shopping developments shall be designed and constructed according to the provisions of section 6.05 (site development standards for village shopping districts). • 15.02. - Permitted uses and structures. Principal uses and structures. In all areas zoned C-1, village shopping district, no building or part of a building shall be erected, used, or structurally altered, nor shall the land or premises be used in whole or part, except for one or more of the following principal permitted uses: Specialty retail business including: Apparel. Bakery. Bookstore/stationery shop/periodicals. Convenience grocery. Delicatessen. Drugstore. Flower/gift shop. Toy and hobby shop. Videocassette rental. Personal service establishments including: Barbershop/hair styling salon/manicure. Clothing alteration/shoe repair. Dry cleaning outlet. Photo processing. Suntan salon. Licensed massage establishments. Professional offices. Medical/dental clinics or offices. Financial institutions (banks/savings and loan/credit union). Restaurants (carryout and standard); delivery services shall be accessory to the primary use only. Child and adult day care center, subject to the provisions of sections 6.02.B or E, as applicable. In addition to the provisions of section 6.02, the recreation areas for child and adult day care centers shall be located to the rear or side of the structure in which they are located and shall be screened with a wall or fence which is composed of the same material as the facade of the building. Planned shopping center, subject to all restrictions set forth in section 6.05. Personal fitness centers, martial arts studios, dance schools, music and voice schools, and art studios. Veterinary offices and hospitals. Uses similar to the above. Uses and structures accessory to the above, subject to the provisions of section 2.03.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,719 86,457 242,551
Median Age: 35.54 38.12 38.44
Households: 6,071 33,386 95,985

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