$3,250,000

Tbd W Houghton Lake Drive

Houghton Lake MI, 48629

Description

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.

Details

MLS#19052245
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site294

Features

Acreage47.00
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Area Information
StateMI
CountyRoscommon
CityHoughton Lake
Zip Code48629
AreaOutside MichRIC Area - Z
Listing VS Median (in 48629)
Price:
$3,250,000
low | high
Med:
$300,000
100% of Average
On Site:
294
low | high
Med:
291
100% of Average
Listing Updated: 08/13/2020
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