Vacant Land For Sale

1.71 Acres Milford Road

815 N. Milford, Milford, MI 48381

Property Details

Acreage

1.71 acres

Zoning

O-1 (Office District) Residential and Retail with Special Conditions

Parcel ID

16-03-453-068

Price

$700,000

Description

This 1.71 acre property zoned Office. It allows for many non-office uses that are permitted, if special conditions are met. The site was previously site plan approved by Seller for a 3-story, Mixed-Use, project (Office/Retail - story 1 & Multiple Family - story 2/3). Renderings/further information available.

Location

Located just off of N Milford Rd on the northern side of the Village of Milford, this property is walkable to the downtown and even closer to necessary amenities (Kroger, Gym, Red Dog Saloon, etc).

Highlights

  • 1.71 Acres in the Village of Milford - Currently Zoned O-1 (Office District).
  • Previously Site Plan Approved for a 3 Story, Mixed-Use Development.
  • Many Principal Uses Permitted - Subject to Special Conditions (zoning below).
  • Included, but not limited to, Residential Units - 2nd Story & Up.
  • All Utilities at the Site (Including Municipal Water, Sanitary Sewer).
  • 198' of Frontage Along Milford Rd.

Location

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Demographics

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 1-Mile Radius3-Mile Radius5-Mile Radius
Total Population5,22616,41246,739
Total Households2,0606,61217,385
Persons / Household2.492.452.68
Avg. Household Income$139,730$154,350$145,154
Per-Capita Income$56,327$63,490$54,989
Avg. Home Value$395,008$460,541$404,372
Median Age46.245.442.0

Source: US Census Bureau ACS 2024 5-Year Estimates.

Listing Broker

Mark Szerlag

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