350 Fremont Street
Bloomfield Hills, MI 48302

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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, 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! 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 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 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 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!

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Oakland County
• Zip Code: 48302
• Subdivision/Neighborhood: Bloomfield Twp
• School District: Pontiac
• Lot Size: 6 acres
• Directions: Telegraph north to Square Lake to Freemont-street
• List Price Acre: 383333.33
• Lot Size Area: 6
• Lot Size Square Feet: 261360
• Lot Size Units: Acres
• MLS Area Major: Oakland County - 70
• MLS Area Minor: Oakland County - 70
• Main Type: Land
• Parcel Number: 1904301008
• Street Type: Private
• Tax Annual Amount: 3990
• Tax Legal Description: T2N, R10E, SEC 4 SUPERVISOR'S PLAT NO.1 LOT 23, ALSO N 1/2 VAC LOT 29 ADJ TO SAME 1-5-2021 CORR
• Township: Bloomfield Twp