50325 CHERRY HILL $694,900

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    50325 CHERRY HILL Canton, MI 48188

    • 5,000 sq. ft.
    • 1.09 Acres
    • Commercial
    • MLS# 40192189
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    Views: 1060 Days On Site: 324

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    Property Details

    Land Lease or Land Contract Available. 1.09 Excellent opportunity in high traffic area with many commercial buildings, 3 New subdivisions, + Cherry Hill village existing subdivision, Uptown Apartments, Movie Theater, Pharmacy, Restaurants, Grocery store, Doctors office & much more. Zoned R1 Residential / Commercial. Room for a strip mall and residential behind it as this backs to Cherry Hill Village or build a multi story commercial building with plenty of parking behind. This area is begging for more food options and services. City Sewer & Water, Gas & Electric at the street. Booming area bring your ideas the possibilities are endless. Survey has been ordered. Property is cleared and ready for new ownership. 2 existing homes were torn down here.

    • General Features
      • Acreage 1.09
      • Area Municipality Canton Twp (82071)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • Year Built 20
      • ZONING Commercial
    • Building Features
      • Exterior Construction Other
      • Foundation Type Slab
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 140 x 365
      • Roads Class A
      • Sewer Septic Public At Street

    Contact

    Karen Walls

    Karen Walls

    Associate Realtor, ABR, CNE, CRS, GRI, SRES, MRP,

    RE/MAX Classic

    Direct: 248-752-5081

    Neighborhood

    48188 (Canton) Demographics

    40 Median Age
    2,320 Population Density (per sq. mile)
    64% College Educated
    $101,944 Estimated Median Income
    12,541 Estimated Total Home Owners
    2,737 Estimated Total Renters
    82% / 18% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    41,883 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $410,000 Median Sales Price
    59 Homes Sold
    91 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $694,900
        6/29/2021 9:21:00 AM New in Database Source: Multiple Listing Service New Value: $694,900

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.