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Industrial Land with I-1 Zoning
New
For Sale
$159,900

1204 N US 31 Highway, Pellston, MI 49769

Lots/Land, Pellston, MI

Property SizeContact for details
Lot Size1.40 Acres
Days on Market1

Property Features for 1204 N US 31 Highway

General Information

Property type Land
Property subtype Other
Zoning I-1
Lot features Electric, Paved Road
Elementary school district Pellston
Middle school district Pellston
High school district Pellston
Directions US 31 across from Pellston Airport
Subdivision McKinley
Standard status Active
APN 10-10-27-300-027
Lot size 1.40 Acres

Taxes and HOA fees

Tax Description W 250 FT OF ALL THAT PT OF S 1/2 OF N 1/2 OF SE 1/4 OF SW 1/4 LYING E OF US 31 OF SECTION 31. EXC THERFROM T
Legal Description W 250 FT OF ALL THAT PT OF S 1/2 OF N 1/2 OF SE 1/4 OF SW 1/4 LYING E OF US 31 OF SECTION 31. EXC THERFROM T

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Coldwell Banker Schmidt - Petoskey · Coldwell Banker Real Estate
Listed By: Trish Hartwick
Added: Oct 6 Last Checked: Oct 6 at 1:06PM
MLS# 480966

Copyright © 2026 Northern Michigan MLS. 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.

This 1.4-acre industrial land parcel is zoned I-1 and sits across from Pellston Airport. A prior site plan received approval for a gas station and party store. The property is vacant land, with a well and septic system needed.

Key Highlights

  • 1.4‑acre parcel zoned I‑1
  • Across from Pellston Airport
  • Prior site plan approval for a gas station and party store

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 49769, MI

1,642
Population
928
Households
1.8
Avg Household Size
43
Median Age
24%
College-Educated
96%
High-School Grad
57.0 sq mi
ZIP Area
29
Density / Sq Mi
$64,792
Median Household Income
$33,346
Median Earnings
$989
Median Rent
$152,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - The parcel is across from Pellston Airport and has a prior approval for a gas station and party store site plan.
Where is this industrial land located?
The property is located at 1204 N US 31 Highway Pellston, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1.4‑acre parcel zoned I‑1; Across from Pellston Airport; Prior site plan approval for a gas station and party store
More about this property
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