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32333874
25530196

103 W Smith Street, Buchanan, MI 49107

CC
MI 6501445961
@properties Christie's International R.E.
Listed by @properties Christie's International R.E.
$50,000
308 days on market
Updated 30 days ago

Buchanan Multifamily Development Opportunity

Details
Property Type Land
Sub Type Residential, Commercial
Broker Co-Op No
Acreage 3 - 7
Zoning residential/commercial
Investment Type Value Add
Sale Condition N/A

Dead-End Road Site | Up to 7 Acres Available

Marketing description

Exceptional residential redevelopment opportunity in Buchanan! 103 Smith Street is now being offered alongside the newly available neighboring parcel at 710 S Oak Street, creating a rare opportunity for developers to secure a larger assemblage in an area actively seeking new housing development.

Located on a quiet dead-end road, this site offers a unique combination of privacy, accessibility, and development flexibility. The area was recently rezoned from industrial to residential, opening the door for multifamily housing, townhomes, workforce housing, senior living, or other residential redevelopment concepts.

Adding even more upside, the City of Buchanan is currently offering approximately 3–4 additional acres directly across the street, bringing the total potential opportunity to approximately 3–7 combined acres depending on acquisition structure. City leadership has expressed enthusiasm about working with developers to help bring quality residential projects to the area.

The addition of 710 S Oak Street creates improved accessibility and expanded site planning potential for future development. Opportunities with residential zoning already in place, multiple parcel assemblage potential, and municipal support are becoming increasingly difficult to find in today’s market.

Conveniently located near downtown Buchanan, schools, parks, and regional commuter routes, this property is well-positioned for a wide range of residential development possibilities. Contact listing agent for assemblage details, zoning information, and discussions regarding additional available land.

Investment highlights

  • Recently rezoned from industrial to residential
  • Multifamily, townhome, workforce housing, or senior housing potential
  • Opportunity to assemble approximately 3–7 total acres
  • Additional neighboring parcel at 710 S Oak Street now available
  • City-owned land directly across the street may also be available
  • Located on a quiet dead-end road offering privacy and reduced traffic
  • City of Buchanan eager to support residential development
  • Flexible site planning and expanded access opportunities
  • Growing demand for residential housing in the area
  • Rare infill redevelopment opportunity with residential zoning already in place
  • Convenient access to downtown Buchanan and regional commuter routes
  • Strong upside potential for developers and long-term investors
  • Assemblage allows for scalable phased development possibilities
  • Utilities and infrastructure nearby (buyer to verify)
  • Limited comparable development opportunities currently available locally

Listing Contacts

CC
MI 6501445961
@properties Christie's International R.E.
Listed by @properties Christie's International R.E.

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Additional Information

Name
Christina Castaneda
License
6501445961
Brokerage
Keller Williams SWM
Brokerage Phone
5138003591
Title
Real Estate Sales Person
Brokerage Address
1111 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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