BLOOMFIELD HILLS INVESTMENT GEM
350 Fremont Street Bloomfield Hills, MI 48302-0341
DESCRIPTION
Investors, here is your opportunity to own the only undeveloped land in the Bloomfield-Bloomfield Hills area. This 4-parcel, 6.5-acre property located on Fremont St. right off of Franklin Rd. features 3 houses and a private road and sits adjacent to the proposed multi-million-dollar Bloomfield Hollow project! With commercial zoning C3 already in place, the opportunities are endless! The sale includes 424, 374, 362, & 350 Fremont St. The property is already generating over $6000/month! 350 Fremont is already zoned and being used as commercial truck parking and generating $3000 per month. 424 Fremont has 2br 1ba with a basement and is generating $1650/month. 374 Fremont has 4br 3.5ba and has the potential to fetch $3000/month. 362 Fremont has 3br and 2ba and is generating $1750/month. Residential and commercial tenants can stay, making this a cash-flowing property day 1 or the property can be delivered totally vacant and ready for redevelopment asap!
The proposed 30,000 sq ft event venue is slated to break ground this year and will bring a variety of upscale events and patrons to the area and will make this property a perfect place for a potential hotel, restaurant, condominiums, or mixed-use development. Act now and act fast and be the first to capitalize on this potential multi-million-dollar high yield investment!
$2,300,000
- Oakland County
- Suprvrs 1-Bloomfield Township
- 6 acres
- Short Sales
- Private Road
- Lot Size 172x250
