Houghton Lake, prime location. Commercial lot on M55

Vacant Land for Sale
Catylist Listing ID: 30520770
Property Subtypes: Industrial, Residential (Single Family), Self Storage, Vacation/Resort, Other
Gross Land Area: 1.43 Acres
Sale Price: $300,000
Unit Price: $209,790 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/1/2020

Overview / Comments

1.43 acres of prime commercial property directly across from Walmart, Home Depot, McDonalds and more. 300 feet of frontage on M55. Great location for your business, high traffic area near lake and residential subdivisions. Additional 47 +/- acres available for commercial development and/or residential. Seller financing available.

Additional Details

Nearest MSA: Mount Pleasant
County: Roscommon
Taxing Authority: Denton Township
Tax ID/APN: 003-016-003-0100
Property Located Between: US127 and Hwy 18
Property Visibility: Excellent
Legal Description: COM AT E 1/4 COR SEC 16 T22N, R3W, TH W 2610 FT FOR POB, TH W 300 FT, THE N 208 FT, TH E 300 FT, TH S 208 FT TO POB.
Largest Nearby Street: M-18
Feet of Frontage: 300
Highway Access: Property fronts on M55 with US127 about 4 miles away.
Lot Frontage: 300 feet of frontage on M55
Lot Depth: 208 deep
Zoning Description: Currently zoned Commercial-Vacant. See attached documents for possible uses per Denton Township general commercial district. Buyer's responsibility to investigate and confirm current permitted uses.
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,035 5,129 9,461
Median Age: 58.82 54.7 52.24
Households: 518 2,499 4,436
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