7075 E M 72 Williamsburg, MI 49690
Income-generating duplex with light industrial zoning and development opportunities.
Lot size:
4.69 AcresProperty Features for 7075 E M 72
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 4.69 Acres
Building Details
- Year built
- 1960
Source:
Elliman
Listing Agent: Carly Tunison
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Versatile Property with Development Potential
This property presents an investment and development opportunity. Currently, the property operates as a grandfathered residential duplex with long-term tenants and rental income. The main floor unit features 3 bedrooms and 1 bath, generating $2,250 per month, while the lower unit has 2 bedrooms and 1 bath, bringing in $1,500 per month. Both units include their own washer and dryer. Zoned Light Industrial/Warehouse, the property has visibility and frontage on M-72, allowing for various commercial uses, including live/work units, computing and data processing centers, dealerships, suppliers, veterinary clinics, greenhouses or nurseries, food production facilities, warehousing and wholesale operations, and self-storage facilities. The site also offers an opportunity for renewable energy development. With a special use permit, the property could accommodate a solar installation, due to its flat, cleared, and well-drained land and proximity to an electrical substation. The parcel allows for multiple access and exit points via existing easements, improving site circulation. The property is located less than one mile from Flintfields Horse Park, home of the Traverse City Horse Shows.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Williamsburg
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.43239
- Latitude
- 44.774277
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Income-generating duplex with light industrial zoning and development opportunities.
Where is this duplex located?
The property is located at 7075 E M 72 Williamsburg, MI.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: - Strong rental income from existing duplex ($3,750/month) covers carrying costs.; - Zoned Light Industrial/Warehouse, allowing for a wide range of commercial uses.; - Excellent visibility and expansive frontage on M-72.
