Property summary
This 0.82-acre commercial land parcel in Lake, Michigan, presents a unique investment opportunity. Located at 226 E Park Avenue, Clare County, MI 48632 (APN 01026900300), this property boasts 171 feet of picturesque Lake Michigan waterfront. Recently surveyed and cleared, it offers captivating views and is conveniently located within walking distance of local shops and restaurants. The property features a 170-foot seawall installed approximately three years ago and has a natural gas line already in place. Permitted zoning is residential, allowing for diverse development options, including a dream home, vacation cottage, or seasonal RV site (May 1st - October 1st). The area is friendly to golf carts and off-road vehicles. Land contract terms are negotiable, making this an attractive proposition for various buyers. This is a rare opportunity to acquire a nearly one-acre waterfront lot in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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