1392 S. Williams Lake Rd/Cooley Lake Rd/ 16-20 UNIT SITE PLAN APPROVED (RM-1) / White Lake

1392 South Williams Lake Road White Lake Charter Township, MI 48386

1392 South Williams Lake Road, White Lake Charter Township, MI, 48386
1392 South Williams Lake Road, White Lake Charter Township, MI, 48386 1392 South Williams Lake Road, White Lake Charter Township, MI, 48386 1392 South Williams Lake Road, White Lake Charter Township, MI, 48386 1392 South Williams Lake Road, White Lake Charter Township, MI, 48386
FOR SALE
Property Type:
Multifamily Land
Amount:
$800,000
Last Verified:
Nov 08, 2024

Daily Email Blast
0 times


Highlights

  • 2.47 Acres (1,551 SF Residence to be Demolished)
  • RM-1 (Attached Single-Family)
  • 16-20 Attached Single Family Units / SITE PLAN APPROVED (RM-1)
  • Site Plan Approved for 16 Units (Condos) – 5/19/2022
  • Municipal water and sanitary sewer are available
  • No wetlands or floodplain
  • 386.60 feet of frontage on Williams Lake Road
  • Dense Residential Lakes Area with close Proximity to new Retail Corridor and Apartments.
  • Backing a Recently Developed Residential Neighborhood
  • Strong Demographics

Description

The Charter Township of White Lake has been encouraging projects that focus on more density, thereby adding additional high quality rental units. 1392 S. Williams Lake Road is located on the west side of Williams Lake Road, north of Cooley Lake Road and contains approximately 386.60 feet of frontage on Williams Lake Road. Consisting of approximately 2.50 acres. The site is surrounded by RM-1 zoning to the North, South and West.

The Seller’s concept plan details one, 16-unit building (two bedrooms per unit) on the east side of the site. Parking is shown on the west side of the building, with two driveways accessing Williams Lake Road at the north and south ends of the site. The stated the density for RM-1 was 6 to 8 units per acre.

Uses: Duplexes, townhomes, stacked ranches, flats, traditional multi‐family rental apartments. Densities expected to range between 6.0 and 10.0 units per acre, based upon the product type, zoning classification and approved development plan.

The Seller’s concept plan details one, 16-unit building (two bedrooms per unit) on the east side of the site. Parking is shown on the west side of the building, with two driveways accessing Williams Lake Road at the north and south ends of the site. The stated the density for RM-1 was 6 to 8 units per acre. Consisting of approximately 2.50 acres. The site is surrounded by RM-1 zoning to the North, South and West.

Located on the west side of Williams Lake Road, north of Cooley Lake Road and contains approximately 386.60 feet of frontage on Williams Lake Road. The site fronts on Williams Lake Road with 386.60 feet of frontage on Williams Lake Road. Dense Residential Lakes Area with close Proximity to new Retail Corridor and Apartments.

Lot Size: 2.47 acres


Documents

1392 Williams Lake Rd Brochure 2024

Map of 1392 South Williams Lake Road, White Lake Charter Township, MI, 48386

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.