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Parcelized Commercial Land Opportunity
For Sale
$59,900

N7586 Calumet Mine Road, Felch, MI 49831

Land consists of four parcels separated by an alley easement, with frontage on M69 and an old vacant building nearby.

Property SizeContact for details
Lot Size1.36 Acres
Days on Market326

Property Features for N7586 Calumet Mine Road

General Information

Standard status Active
Lot size 1.36 Acres
Property subtype Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $232
Listing Agency: STATE WIDE REAL ESTATE OF ESCANABA
Listed By: MIKE HARRIS · License #205616
Source: Exprealty
Added: Sep 18, 2025 Changed: Aug 8 Last Checked: Jul 18 at 7:25AM

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 STATE WIDE REAL ESTATE OF ESCANABA

Investment Insights

Based on property information with market context.

This offering is 1.36 acres split into four separate parcels, divided by an alley easement that the county could potentially abandon. The property may support a variety of uses, including building a home or adding storage buildings, depending on site and approval requirements.

The property fronts on M69. An old vacant commercial building is located close to M69; it needs work but could be used for storage or rehab for personal use.

As presented, the combination of parcel flexibility and street frontage on M69 may be useful for buyers looking to redevelop a small site with room to plan around the alley easement.

Key Highlights

  • 1.36‑acre land parcel split into 4 parcels divided by an alley easement
  • Alley easement may be eligible for abandonment by the county
  • Frontage on M69 for potential commercial use

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Food Market Bar & Pub

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 49831, MI

713
Population
501
Households
1.4
Avg Household Size
49
Median Age
16%
College-Educated
94%
High-School Grad
133.8 sq mi
ZIP Area
5
Density / Sq Mi
$73,500
Median Household Income
$37,917
Median Earnings
$123,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land consists of four parcels separated by an alley easement, with frontage on M69 and an old vacant building nearby.
Where is this residential land & home lot located?
The property is located at N7586 Calumet Mine Road Felch, MI.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 1.36‑acre land parcel split into 4 parcels divided by an alley easement; Alley easement may be eligible for abandonment by the county; Frontage on M69 for potential commercial use
More about this property
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