18.53 acre parcel located adjacent to Milan's Dexter St business corridor. One of the last remaining parcels available for commercial business opportunities on Milan's busy Dexter Street, with visibility from US 23. Hotel, restaurant, strip mall, office building or all of the above mentioned uses are perfect for this incredible land. Location is everything. Zoned PUD, this land can entertain all of these options. Roughly 4 acres are already reserved as retention pond/storm water management area which are required for commercial use applications. This is Milan's last remaining significant commercial land along US 23 and the Dexter Street corridor. Seller is willing to sell all at once or divide up for the end user. Owner is a licensed agent in the State of Michigan.
The median home value in Milan, MI is $235,200. This is higher than the county median home value of $209,200. The national median home value is $338,100. The average price of homes sold in Milan, MI is $235,200. Approximately 65.07% of Milan homes are owned, compared to 28.2% rented, while 6.73% are vacant. Milan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milan real estate agent to arrange a tour today!
Milan, Michigan 48160 has a population of 6,156. Milan 48160 is more family-centric than the surrounding county with 31.64% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Milan, Michigan 48160 is $77,045. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Milan 48160 is 38.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 34.8 inches per year, with 42.7 inches of snow per year.