Amazing opportunity to own a large acreage parcel along the Bear River recreation corridor in the city limits of Petoskey only one mile from the downtown Gas Light district. The site is 12.4 acres with 11.1 usable acres and features over 1, 000 feet on the Bear River. There is an existing 83, 660 SF historic building on the site that was previously used by Michigan Maple Block Co. A buyer could use some or all of the existing structure but the value is in redeveloping the property. This has been designated a MEDC Priority Redevelopment Site by the City of Petoskey allowing for a streamlined process for potential developers. Planned Unit Development, residential, multi-family, industrial and mixed-use are all possible uses.
Listing courtesy of Alex Mackenzie at Coldwell Banker Schmidt-522
Property Details
Price:
$2,500,000
MLS #:
2941019538
Status:
Active
Baths:
0
Address:
1420 Standish Ave
Type:
Land
City:
Petoskey
Listed Date:
Nov 27, 2023
State:
MI
ZIP:
49770
Lot Size:
540,144 sqft / 12.40 acres (approx)
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- Address1420 Standish Ave Petoskey MI
- CityPetoskey
- Zip Code49770
Courtesy of Coldwell Banker Schmidt-522. Disclaimer: All data relating to real estate for sale on this page comes from ListHub. Detailed information about real estate listings held by brokerage firms other than Keller Williams Grt Cleve NE include the name of the listing broker. Neither the listing company nor Keller Williams Grt Cleve NE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. ListHub. All rights reserved.
1420 Standish Ave
Petoskey, MI
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