Land for Development - 30 Mile Rd. and Gratiot Ave

30 Mile Road and Gratiot Ave Lenox, MI 48050

Lenox
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jul 18, 2024

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Description

Discover a prime investment opportunity in the heart of the thriving Lenox area. This property's strategic location offers high visibility and easy access from 30 Mile Road and Gratiot Ave, ensuring maximum exposure for any retail venture. With its ample space and versatile layout, the property presents a promising canvas for creating a dynamic retail destination. The area's strong demographic profile and robust commercial activity make this property an ideal choice for savvy retail investors looking to capitalize on a strategic location in Lenox. Unlock the full potential of this exceptional property and become part of Lenox's vibrant retail landscape.

This charming area offers a perfect blend of small-town charm and modern amenities. With its close proximity to Gratiot Ave, tenants can enjoy easy access to a variety of local businesses, restaurants, and services. For businesses looking to invest in the area, Lenox offers a promising location with a growing economy and a supportive local community.

Lot Size: 10.61 acres

Map of 30 Mile Road and Gratiot Ave, Lenox, MI, 48050

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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.