Petoskey, MI 49770,1420 Standish

$2,500,000

$2,500,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

12.4 Acres Lot


SOLD DATE : 03/06/2024

Key Details

Sold Price $2,500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision City Of Petoskey

MLS Listing ID 78001307610

Sold Date 03/06/24

Originating Board Aspire North REALTORS®

Lot Size 12.400 Acres

Acres 12.4

Lot Dimensions see attached survey

Property Description

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.

Location

State MI

County Emmet

Area Petosky

Zoning Commercial,Multi-Family,Light Industrial

Exterior

Pool No

Waterfront no

Waterfront Description River Front,Water Front

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Petoskey

Others

Tax ID 521907200012

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Coldwell Banker Schmidt-522
Bought with Coldwell Banker Schmidt-522
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.