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Equestrian Property with Indoor Arena
For Sale
$865,000

16875 & 16873 Railroad Street, Petersburg, MI 49270

Horse facility with multiple residences, fenced pastures, arenas, barns, wells, and septic systems.

Property Size2,300 SF
Days on Market9

Property Features for 16875 & 16873 Railroad Street

General Information

Standard status Active
Size 2,300 SF
Property subtype Farm

Taxes and HOA fees

Annual Taxes $5,587

Building Details

Building Size 2,300 SF
Year Built 1970
Listing Agency: Karen Norton-Broker
Listed By: Karen Norton
Source: Cen21allstar
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 11 at 4:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Norton-Broker

Investment Insights

Based on property information with market context.

This equestrian property includes a main residence with an in-law suite, a separate 770-square-foot home, and a 36-by-60-foot Morton barn with 8 stalls. The barn connects to a 54-by-105-foot Morton indoor riding arena and includes a 10-by-24-foot tack room, a 10-by-12-foot feed area, and a 10-by-12-foot hay stall. Three 12-by-24-foot Morton run-in sheds and an outdoor riding arena support the horse facilities.

The property contains 19.6 acres with seven pastures enclosed by split-rail fencing, along with a 1-acre stocked pond reaching 28 feet deep. A tiled drainage system, two wells, one point well, and two septic systems are also present. The main home features hickory soft-close kitchen cabinetry, while the 784-square-foot in-law suite includes an oak kitchen and wheelchair-accessible bathroom. The additional home offers one bedroom, a modern kitchen, bathroom and laundry, plus attic storage designed for future bedroom and bathroom space.

Key Highlights

  • 54‑by‑105‑foot Morton indoor riding arena attached to the barn
  • 36‑by‑60‑foot Morton barn with 8 stalls
  • 19.6 acres with 7 pastures and split‑rail fencing

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Building Supply Plumbing Service Garden Center Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 49270, MI

5,822
Population
2,316
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
44.9 sq mi
ZIP Area
130
Density / Sq Mi
$89,412
Median Household Income
$55,114
Median Earnings
$761
Median Rent
$269,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Horse facility with multiple residences, fenced pastures, arenas, barns, wells, and septic systems.
Where is this horse & equestrian property located?
The property is located at 16875 & 16873 Railroad Street Petersburg, MI.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 54‑by‑105‑foot Morton indoor riding arena attached to the barn; 36‑by‑60‑foot Morton barn with 8 stalls; 19.6 acres with 7 pastures and split‑rail fencing
More about this property
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