MLS # 26013536 (Michigan Regional Information Center (MichRIC))

Unlock the potential of this strategic redevelopment parcel in the heart of Buchanan! 710 S Oak Street is now available and presents a unique opportunity for developers seeking to capitalize on the area's growing demand for residential housing. Positioned on a quiet dead-end road, the location offers a more private residential setting while still maintaining convenient access to downtown Buchanan and surrounding amenities. This parcel also provides valuable connectivity to the neighboring property at 103 Smith Street, allowing for expanded site planning and larger-scale development possibilities. In addition, the City of Buchanan is offering approximately 3-4 acres directly across the street, creating the potential for a combined 3-7 acre residential redevelopment opportunity. Recently rezoned from industrial to residential, the area is now ideally suited for multifamily housing, townhomes, senior housing, workforce housing, or mixed residential concepts.
Source: SparkMLS
Currently offered at $17,500.
Annual property taxes run approximately $142 ($12/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOT 29 A C DAYS ADDITION & PT OF SEC 35 T7S R18W CITY OF BUCHANAN DES AS BEG AT SW COR LOT 29 SD ADD TH E 132' TH S TO MC RR TH SWLY ON RR TO A PT S OF BEG TH N TO POB
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Christina Castaneda
@properties Christie's International R.E.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
710 S Oak Street, Buchanan, MI 49107
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Municipality
Buchanan Township
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