103 W Smith Street, Buchanan, MI 49107

$50,000

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List Price
$50,000
Price Change
▲ $28,925 1776416530
Days on Market
554
MLS#
25003158
Status
ACTIVE
Type
Land
Neighborhood
Southwestern Michigan - S

Property Description

Prime development opportunity in the growing City of Buchanan! 103 Smith Street is now part of a larger potential assemblage offering developers a rare chance to secure a strategic residential redevelopment site with expanded access and multiple acquisition possibilities. This parcel now benefits from additional accessibility through the newly available neighboring property at 710 S Oak Street, creating improved layout flexibility and development potential. Even more exciting, the City of Buchanan is currently offering approximately 3-4 additional acres directly across the street, bringing the total potential opportunity to approximately 3-7 combined acres depending on acquisition structure. Recently rezoned from industrial to residential, this area is positioned perfectly for a much-needed multifamily housing development, townhomes, workforce housing, senior housing, or other residential redevelopment concepts. City leadership has expressed enthusiasm about working collaboratively with developers to help bring new housing opportunities to the community. Opportunities like this are becoming increasingly difficult to find -- multiple contiguous and nearby parcels, residential zoning already in place, and a municipality actively supportive of redevelopment. Conveniently located near downtown Buchanan, major roadways, and area amenities, this site offers both accessibility and long-term upside potential. Additional parcel available: 710 S Oak Street. Contact listing agent for assemblage possibilities, zoning details, and development discussions.

Additional Information

Taxes
$53
Acres
2.81
School District
Buchanan
Utilities
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christina Castaneda from Listing Office: @properties Christie's International R.E..

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