Petoskey Retail Opportunity

Expired Vacant Land for Sale
Catylist Listing ID: 30643274
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 4.50 Acres
Sale Price: $499,000
Unit Price: $110,888 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2020

Overview / Comments

Great redevelopment opportunity on US-31. Property is currently operated as a driving range, mini golf, and go-carts. Great US-31 frontage and industrial on back. Ideal for multi-family, industrial, retail, mixed-use. Purchase price does not include cell tower on property but seller is willing to negotiate tower with sale of property.

Additional Details

Nearest MSA: Traverse City
County: Emmet
Tax ID/APN: 011620200033
Zoning: B2
Property Visibility: Excellent
Largest Nearby Street: US-31 and Pickerel Lake Dr
Topography: Gently Sloping
Easements: Electric Lines

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,042 17,961
Median Age: 42.56 41.36
Households: 1,778 7,547


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.