Exquisite 5.34 Acre Waterfront Lake Michigan Multifamily Development Site
743-745 Sheridan Rd
Somers, WI 53140
Highlights
- 5.34-acre waterfront site
- Zoned B-3 Central Business District
- Approved 68-unit Market Rate Apartment Development Agreement
- 5.4 Miles from the New Microsoft Data Center site
- 4.8 Miles from the Kenosha Metra Train Station
- Shovel ready for immediate development
- Fully entitled
- Prime lakefront location in Somers
- Strategic zoning for versatile development opportunities
- Ideal for upscale residential and commercial spaces
- Lucrative prospects for Multifamily investor
Description
Introducing an extraordinary investment opportunity in Somers, WI. This impressive 5.34-acre waterfront site, zoned B-3 Central Business District, boasts an approved 68-unit Market Rate Apartment Development agreement. Shovel-ready and fully entitled, this property is poised for immediate development, offering a prime location for a Multifamily investor. With its strategic zoning and development potential, the property presents a compelling opportunity to capitalize on the growing demand for upscale residential and commercial spaces. Don't miss the chance to take advantage of this exceptional property's lucrative prospects in the sought-after Somers area.
Explore this exquisite 5-acre Multifamily site on Lake Michigan in beautiful Somers, WI! This site's strategic location is just 5.4 miles east of the new Microsoft Data Center on 90th St and KR which presents an exciting opportunity for Multi Family Developers looking to build into the massive backlog of unmet demand for housing in this growing area. With a rich blend of natural beauty and urban convenience, this Approved Lake Michigan Multifamily Development benefits from its proximity to Universities and major employers, including Amazon, Uline, and Haribo among countless others. Residents will enjoy easy access to nearby award-winning schools, and a growing US 94 corridor with retail, shopping, lifestyle, and park district amenities while living on the shores of Lake Michigan just 4.8 miles north of the Kenosha Metra Train Station. The property's location offers a perfect balance of employment opportunities and recreational amenities, making it an exceptional location for premier Multifamily Developers seeking to capitalize on the area's growth and appeal.
