HIGHWAY SERVICE DISTRICT PARADISE!!! Located on the SW intersection of US23 (Plank Road exit) with 725ft. of highway frontage and 200ft. of Main St. frontage. These multiple parcels consisting of approx. 52+/- acres--Highway Commercial and Mixed use Residential zoning are now being offered together. Property is heavily wooded with a clearing in front and adjoining southern parcels currently being farmed. This property abuts Gump Lake and City of Milan owned Properties. City Water, Sewer, and Natural Gas are available at the street. Second Parcel ID#58-53-040-256-00 (Parcel C). Part of Parcel D and Parcel F (North of the River) ID#53-040-262-00 and ID#53-040-264-00 will be included subject to land division. This is definitely the perfect time to come check out Milan's Growth and start planning your future development!!!!
Property Details
Property Features
Listing Office:
Office Name: Real Estate One in Milan
Office Phone: (734) 439-4131
Listing Agent: Danielle Grostick
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 52.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milan, MI.
This property is $1.5M more than the Median Sold Price in Milan, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Southeastern Border Association of REALTORS®
MLS Number: #57031369804
Listing Office:
Office Name: Real Estate One in Milan
Office Phone: (734) 439-4131
Listing Agent: Danielle Grostick
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,051
Per Month
Principal & Interest
$8,984
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,463
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Symons Elementary School
432 S Platt Rd
Distance between this listing and this school0.75 miles
Public District Grades 3-5
3
/10
Brick Elementary School
8970 Whittaker Rd
Distance between this listing and this school6.55 miles
Public Magnet Grades KG-5
2
/10
Bishop Elementary School
8888 Whittaker Rd
Distance between this listing and this school6.59 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Milan Middle School
920 North St
Distance between this listing and this school0.55 miles
Public District Grades 6-8
10
/10
South Arbor Charter Academy
8200 Carpenter Rd
Distance between this listing and this school5.82 miles
Public Charter Grades KG-8
2
/10
Lincoln Middle School
8744 Whittaker Rd
Distance between this listing and this school6.50 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Milan Alternative Education
920 North St
Distance between this listing and this school0.54 miles
Public District Grades 9-12
6
/10
Milan High School
200 Big Red Dr
Distance between this listing and this school1.06 miles
Public District Grades 9-12
4
/10
Lincoln High School
7425 Willis Rd
Distance between this listing and this school6.31 miles
The neighbors living near this home have an average income of $55,328. Residents of Milan, MI typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1 E Main
What is the listing price of this property?
The listing price of 1 E Main property is $1,800,000.
What type of property is this?
The property 1 E Main is land located in Milan, Michigan, 48160.
Is this property for sale now?
Active Listing: 1 E Main is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1 E Main in Milan, MI and zip code 48160. This home sits on a 52.00 acre lot. It has been listed on Rocket Homes since January 29, 2019 and is currently priced at $1,800,000.
Milan, MI housing market in October 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 4 sold below. The inventory of homes for sale in Milan, MI between September 2024 and October 2024 increased by 12.2%. The median list price of listings available in October 2024 was $285,000, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Extreme Sports
Extreme Sports
College Football
Soccer
Academy Sports & Outdoors
Express/Express For Men
Old Navy
Little Caesars
Sonic
Jimmy Johns
Chevrolet
Kia
GMC
Country
New Country
Contemporary Christian