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Frankfort Hwy Frankfort, MI 49635

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For Sale
$525,000

Vacant land parcel zoned for multifamily development with utilities available.

Lot size:
16.52 Acres

Property Features for Frankfort Hwy

General Information

Lot size
16.52 Acres
Source: Moodyscre

Listing Agent: Scott Nurski, Mba

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

R4 Multifamily Zoned Vacant Parcel

This vacant parcel presents a rare opportunity for development, being the only one in the area zoned R4 Multifamily. Located in Crystal Lake Township, the zoning allows for approximately 4.3 units per acre, potentially accommodating a total of 71 units, with no restrictions on the number of units per building. The site benefits from the availability of all utilities via the City of Frankfort, with water and sewer lines extending to the west edge of the parcel. The property features 345 feet of frontage along Frankfort Highway (State Route M-115), a well-traveled road. Its location provides easy access to downtown Frankfort, making it a marketable site for future residents. Portions of the site offer potential lake views, with sight lines to Betsie Lake and Lake Michigan from the northeast section. The property is conveniently located just a 5-minute drive from Frankfort Public Beach, known for its white sands, pierhead, and historic lighthouse. Additionally, it is situated between two Top 100 golf resorts: Arcadia Bluffs (20 minutes away) and Crystal Downs (9 minutes away).
Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Frankfort
County
Benzie
State
Michigan
Longitude
-86.218269
Latitude
44.633136

FAQs

What type of property is this?
Land - Vacant land parcel zoned for multifamily development with utilities available.
Where is this land located?
The property is located at Frankfort Hwy Frankfort, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: - R4 Multifamily zoning allows for approximately 71 units total.; - All utilities available via City of Frankfort.; - 345 feet of frontage along Frankfort Highway (State Route M-115).
More about this property
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