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1215 Grand Traverse Street - Grand Traverse Multi-Family Development 1 Acre of Commercial Land Offered at $318,090 CAD in Flint, MI 48502



Investment Highlights
- Corner lot with direct visibility from Interstate 69
- Opportunity Zone Census Tract 26049002800 location
- MR-2 zoning supports medium-density residential development
- Contiguous parcels provide approximately one acre of development area
Executive Summary
The site's location within Flint provides convenient access to Downtown Flint, Interstate 69, Interstate 475, major employment centers, educational institutions, healthcare facilities, and neighborhood services. Direct interstate visibility enhances exposure for future development while the surrounding transportation network supports efficient connectivity throughout Genesee County and the broader Mid-Michigan region.
MR-2 zoning allows for a range of residential development concepts that may incorporate multiple buildings, internal circulation systems, shared open space, and resident-focused amenities. The district may also permit limited neighborhood-serving commercial uses and complementary institutional uses such as schools, community facilities, religious institutions, and parks, subject to applicable municipal regulations.
Adding to the investment appeal, the property is located within Opportunity Zone Census Tract 26049002800, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits. Combined with its urban location, development flexibility, and interstate visibility, the site offers a compelling opportunity for residential developers, investors, and organizations seeking a well-positioned infill development parcel.
Property Facts
| Price | $318,090 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MR-2 - The MR-2 Mixed Residential Medium Density district is intended to accommodate a higher density development. | ||
| Price | $318,090 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.00 AC |
| Opportunity Zone |
Yes |
| Zoning | MR-2 - The MR-2 Mixed Residential Medium Density district is intended to accommodate a higher density development. |
1 Lot Available
Lot
| Price | $318,090 CAD | Lot Size | 1.00 AC |
| Price Per AC | $318,089.64 CAD |
| Price | $318,090 CAD |
| Price Per AC | $318,089.64 CAD |
| Lot Size | 1.00 AC |
±1-acre development site with MR-2 zoning and direct I-69 visibility. Opportunity Zone location suitable for multifamily, mixed residential, and select neighborhood-serving uses.
Description
The MR-2 Mixed Residential Medium Density district is intended to accommodate a higher density development primarily consisting of low-mid rise structures. In many cases, this may include multi-family developments with several structures making up a “campus” with internal circulation, common open space, and other shared amenities. Limited commercial uses may be permitted that support the day-to-day needs of residents. Various non-residential uses that complement the mixed residential neighborhood including schools, community centers, religious institutions, and parks are permitted on a limited scale.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $36,317 CAD |
Property Taxes
Presented by
Coldstone Group LLC
1215 Grand Traverse Street - Grand Traverse Multi-Family Development
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