8120 Macomb Street
Grosse Ile, MI 48138
Improved Land · MLS # 20261061451 · Listing courtesy of Island Realty - KW Advantage
About this home
Rare redevelopment opportunity on Grosse Ile! This unique offering includes three contiguous tax parcels being sold together, creating an exceptional opportunity for investors, builders, or developers. Ideally situated with frontage on Macomb Street, the combined parcels offer outstanding flexibility and potential for future development. The existing cottage is unusable and is being sold as-is, with the primary value being in the land. Located in the Macomb Street District, this property presents a rare chance to acquire a sizeable assemblage in a desirable location. Buyers are responsible for verifying zoning, permitted uses, lot dimensions, utility availability, and all development possibilities with Grosse Ile Township. Total of 3 properties is .37 acres. Zoned Commercial. Mixed use potential. PLEASE NOTE: THERE ARE THREE LOTS AND THEY ALL HAVE THEIR OWN TAX ID AND SEV, NOT JUST THE ONE LISTED
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Grosse Ile
Over the last 90 days, 55 homes sold in Grosse Ile for a median of $365,000, about $154 per square foot, and the typical one went under contract in 12 days. This home is listed at $140,000, and has been on the market 47 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Grosse Ile sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,925 a year. A buyer who lives here would pay about $1,394 to $3,124 a year once the taxable value resets after the sale, at the 2025 homestead rate of 44.19 mills for Grosse Ile Twp and Grosse Ile Twp schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Grosse Ile
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