Property summary
This exceptional commercial land parcel presents a unique development opportunity along a high-traffic stretch of US-31 in Charlevoix, Michigan. Priced at $219,000, this site boasts significant advantages for businesses seeking visibility and accessibility. Located less than two miles from downtown Charlevoix and twelve miles from Petoskey, this property benefits from its proximity to major population centers and tourist destinations. The land is conveniently situated adjacent to the Little Traverse Wheel-Way, offering easy access to recreational opportunities and attracting a diverse clientele. Furthermore, its close proximity to public access points for both Lake Charlevoix and Lake Michigan enhances its appeal. Infrastructure improvements completed in October 2022 include a paved service road, natural gas lines, township water and sewer connections, and underground electric service. This turnkey solution eliminates significant upfront development costs. The property is offered as a whole, but can be divided into smaller parcels to accommodate various business needs and budgets, offering flexibility for potential buyers. This is an unparalleled chance to establish a thriving business in a vibrant and desirable location within Northern Michigan.
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
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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