7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
7075(2 parcels) E M 72, Williamsburg, MI 49690-9333
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David Godin

David Godin

+1(586) 416-0600
$ 900,000
Est. payment | /mo

1,300 SqFt

Save
$ 900,000
Est. payment | /mo
Save

1,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $692

Subdivision Mi

MLS Listing ID 80066305

Year Built 1960

Lot Size 9.350 Acres

Acres 9.35

Lot Dimensions Irregular - See Survey

Property Sub-Type Multi-Family

Property Description

Exceptional Investment & Development Opportunity. This highly versatile property offers immediate income with outstanding future potential. Currently operating as a grandfathered residential duplex, the property features reliable long-term tenants and strong rental income, making it an ideal holding investment. Both units have their own washer and dryer. The main floor unit is a 3 bedroom, 1 bath bringing in $2,225/month and the lower unit is a 2 bedroom, 1 bath bringing in $1,550/month. Zoned Light Industrial/Warehouse, the property boasts excellent visibility and expansive frontage on M-72, opening the door to a wide variety of commercial uses. Permitted uses include, but are not limited to: Live/Work Units, Computing & Data Processing Centers, Dealerships, Suppliers, Veterinary Clinics, Greenhouses or Nurseries, Food Production Facilities, Warehousing & Wholesale Operations, Self-Storage Facilities, And many additional commercial possibilities. The site also presents a unique opportunity for renewable energy development. With a special use permit, the property could be ideal for a solar installation, thanks to its flat, cleared, and well-drained land and close proximity to an electrical substation. The parcel also offers strong development flexibility, with the potential for multiple access and exit points via existing easements, improving site circulation and making the property well suited for larger-scale commercial operations. Adding to its appeal, this expansive parcel is located less than one mile from Flintfields Horse Park, home of the internationally recognized Traverse City Horse Shows, bringing significant seasonal activity and economic energy to the area. With existing rental income covering carrying costs, investors have the flexibility to generate cash flow today while planning and developing future commercial or industrial uses on this exceptional piece of acreage.

Location

State MI

County Grand Traverse

Area Acme Twp (28001)

Zoning Commercial,Industrial

Rooms

Basement Finished, Full, Walk Out

Interior

Heating Forced Air

Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Detached Garage

Building

Foundation Basement

Water Private Well

Schools

School District Traverse City Area Public Schools

Others

Ownership Private

Energy Description LP/Propane Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Northland

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI 48084, USA

Learn More About LPT Realty

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7075(2 parcels) E M 72