Mixed-Use Land for Sale in Walled Lake, Michigan
2450 S Commerce Rd Walled Lake, MI 48390
This 1.6 Acre property is ideal for single or multi-family development. Located between downtown Walled Lake and the Commerce/M-5 retail corridor, there is easy access from the property to the quaint lakeside downtown as well as major area retailers. The property is level with Wolverine Lake views, and the area rental market is strong with the neighboring Hawk Lake Apartments and Townhomes always at or near capacity. Note: The value of this property is in the land. The existing 1,828 SF home on the property is not in good condition. The property consists of two parcels (17-23-326-009, 17-23-326-010), totaling 1.6 Acres, that will be sold together.
Directions
Just north of Decker Road
Property details
- County
- Oakland County
- Zoning
- Residential
- Elevation
- 925 feet
- MLS Number
- GRAR 24026820
- Date Posted
Legal description
T2N, R8E, SEC 23 PART OF SE 1/4 OF SW 1/4 BEG AT PT DIST N 88-43-00 E 1337.43 FT & N 00-38-40 E 768.44 FT FROM SW SEC COR, TH N 00-38-40 E 231.36 FT, TH S 87-02-22 E 342.24 FT, TH S 00-04-21 E 228.64 FT, TH N 87-30-47 W 345 FT TO BEG EXC THAT PART LY ING IN COMMERCE TWP 1.06 A 2-18-00 CORR
Parcels
- 17-23-326-009
Property taxes
- 2022
- $3,121
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 30, 2024 | New listing | $299,000 | — | GRAR |