A rare dual-track development opportunity offering an investor two fully conceived paths to value creation on a single site.?
The property has already undergone extensive planning and site engineering.? Under the first strategy, the site benefits from a site plan approved self storage development, supported by four professionally engineered building configurations prepared by TruSteel Buildings, spanning hybrid climate-controlled/traditional storage, dedicated boat and RV storage, and full-service marine storage concepts of up to approximately 65,550 square feet across as many as seven buildings.?
Under the second strategy, the site can be developed as a multifamily apartment community, with conceptual site layouts accommodating approximately 66 to 110 units across two- and three-building configurations, complete with clubhouse and leasing office, walking paths, community pond, professional landscaping, and ample parking.?
Positioned on Shortcut Road (the M-29 corridor) adjacent to established commercial development, the site combines visibility, access, and flexibility in one of the St.? Clair River corridor's established waterfront communities — a market defined by strong boating culture, constrained new housing supply, and steady rental demand.?
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.