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    FOR SALE
    Commercial real estate

    7699 Benzie Hwy, Benzonia, MI 49616

    8.5 ac lot
    Property ID
    US43-1929062
    7699 Benzie Hwy, Benzonia, MI 49616 For Sale 1 / 36
    $185,000
    7699 Benzie Hwy, Benzonia, MI 49616
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    Property summary
    AI-generated overview

    This exceptional 8.5-acre property in Benzie County, Michigan, presents a unique opportunity. The centerpiece is a historic gambrel barn, featured on American Dream TV and soon to air on HGTV. The barn boasts hand-crafted mortise and tenon timber framing with hand-carved oak pegs, showcasing remarkable craftsmanship. A fully restored walkout fieldstone basement, complete with a sliding barn door, adds to its charm. A structural engineer's report confirms the barn's framing and foundation are in exceptional condition. The expansive acreage includes rolling hardwood forest and two flat pasture areas, providing ample space for various uses. Located just minutes from Crystal Lake, Arcadia Bluffs, Crystal Mountain Resort, and Frankfort, this property offers unparalleled access to Northern Michigan's recreational amenities. The property's residential zoning allows for diverse possibilities, including a hobby farm, events venue, horse boarding, or conversion of the barn into a stunning barndominium, showcasing its exquisite timber framing. With minimal zoning restrictions in Joyfield Township, the potential for development is virtually limitless. This is a rare chance to own a piece of Northern Michigan history and create your own idyllic retreat. The property is being sold privately, and viewings are by appointment only. Please respect neighboring properties and do not block driveways. The asking price is $297,000. The address is 7699 Benzie Hwy, Benzonia, MI 49616.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8.5 ac (370,260 SF)
    UPID US43-1929062
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Permitted uses
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