Woodward Heights - Future Development Site 1.21 Acres of Residential Land Offered at $1,954,288 CAD in Hazel Park, MI 48030

This future mixed use development site is on the corner of Woodward Heights, and John R in Hazel Park. The 1.21 acres is being offered free and clear. Per previous meetings with the City of Hazel Park, a mixed use development up to 45' of height with zero lot lines is permitted on the property. A sketch of ground floor retail, with residential on top is shown in the photos.
Robertson Brother's Park 54' development is right up the street on Woodward Heights, and are selling attached townhomes starting in the high 200's and into the low to mid 300's. These are two BR townhomes, between 1,100 and 1,350 SF. The old CVS property that is directly south of this development, is slated for future infill of ground floor retail and residential on top. The owners of this CVS future development have developed very popular, boutique restaurants which will help further the popularity and traffic on John R. Two of Detroit Metros hottest restaurants / bars are located directly across the street from the site. Mabel Grey, and Joe bar both require reservations months in advance. Ferndale Haus and Lofts on 9 are two apartment complexes that were built in the last 3 years (both on 9 mile, in Ferndale) that have been very successful apartment developments getting near and over $3.00 / SF in rent.