Houghton Lake, prime location. Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30520205
Property Subtypes: Industrial, Residential (Single Family), Self Storage, Vacation/Resort, Other
Gross Land Area: 47 - 47.50 Acres
Sale Price: $3,250,000
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/19/2019

Overview / Comments

So many possibilities. Approximately 47.5 acres of undeveloped land. 1020 feet of frontage on M55. Frontage zoned commercial, the back zoned residential. Possible Big Box store or hotel. 4 lots already split on M55 for smaller business opportunity. Over 6.5 acres of upland for residential development. Land has 25+/- acres wet land. Prior DEQ approval allowing relocation of some wetlands. See attached proposed layout. This parcel too big? Smaller parcel of 1.43 acres on M55 directly across from Walmart and Home Depot available for $300,000. Smaller parcel if added to this one makes 1320' of M55 frontage Land contract terms available.

Additional Details

Nearest MSA: Mount Pleasant
County: Roscommon
Taxing Authority: Denton Township
Tax ID/APN: 003-016-002-0100, 003-016-003-0082, 003-016-008-0120, 003-016-008-0140, 003-222-089-0000, 003-016-008-0060
Zoning: COMMERCIAL-VACANT
Property Located Between: US127 and Hwy 18
Property Visibility: Excellent
Legal Description: Multiple Legals, see attached documents. First legal listed is the smaller parcel listed separately.
Largest Nearby Street: M-18
Feet of Frontage: 1,320
Highway Access: Property fronts on M55 with US127 about 4 miles away.
Lot Frontage: 1320 feet of frontage on M55
Lot Depth: 1495 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.

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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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