Commercial Corner Land
For Sale
$175,000
State Hwy M-123, Newberry, MI 49868
LAND - Newberry, MI
Property SizeContact for details
Lot Size25.24 Acres
Days on Market51
Property Features for State Hwy M-123
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Lot features
Corner Lot, Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Partially Wooded
Elementary school district
Tahquamenon Area Schools
Middle school district
Tahquamenon Area Schools
High school district
Tahquamenon Area Schools
Subdivision
Pentland Twp (48004)
Standard status
Active
Lot size
25.24 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
670
Utilities
Water source
Public
Listing Agency:
NORTHERN MICHIGAN LAND BROKERS - ESCANABA
(906) 225-5263
Listed By:
TJ THOMAS
(906) 420-1280
Added: Jul 15
Last Checked: Sep 3 at 5:06PM
MLS# 50214993
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Offered for sale is a commercial-zoned corner land parcel totaling 25.24 acres, featuring wooded terrain and frontage along State Hwy M-123. The property also borders Hamilton Lake Road / County Road 428 along its northern boundary, creating a corner configuration that can support a range of future commercial or mixed-use concepts, subject to township approval.
The site’s location just south of downtown Newberry provides highway exposure and visibility along M-123. The parcel’s access and layout potential are supported by its corner setting and roadway frontage.
With its combination of commercial zoning, wooded character, and dual-road frontage, the property is positioned for buyers seeking flexible land development in a year-round community and recreational gateway area.
The site’s location just south of downtown Newberry provides highway exposure and visibility along M-123. The parcel’s access and layout potential are supported by its corner setting and roadway frontage.
With its combination of commercial zoning, wooded character, and dual-road frontage, the property is positioned for buyers seeking flexible land development in a year-round community and recreational gateway area.
Key Highlights
- Commercial‑zoned wooded corner acreage with frontage on M‑123 just south of downtown Newberry
- Borders Hamilton Lake Road/County Road 428 along the northern boundary
- Provides corner location access and layout potential for a future commercial or mixed‑use concept (subject to township approval)
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 49868, MI
4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial-zoned corner parcel with frontage on M-123 and Hamilton Lake Road, offering layout potential for future development.
Where is this commercial land located?
The property is located at State Hwy M-123 Newberry, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Commercial‑zoned wooded corner acreage with frontage on M‑123 just south of downtown Newberry; Borders Hamilton Lake Road/County Road 428 along the northern boundary; Provides corner location access and layout potential for a future commercial or mixed‑use concept (subject to township approval)
