9408 Straits Hwy, Cheboygan, MI 49721
This exceptional 8-acre property in Cheboygan, Michigan, presents a unique investment opportunity. Boasting 533 feet of Cheboygan River frontage and additional US-27 road frontage, this land is zoned for commercial development and offers unparalleled access to the Inland Waterway. Municipal sewer is readily available. The property comprises two parcels and includes a recently renovated 3-bedroom, 2-bathroom home featuring high-end kitchen cabinets, granite countertops, updated appliances, new windows, roof, and siding. A 30' x 40' pole barn provides ample storage space, and a private dock is perfect for boating enthusiasts. Conveniently located near the US-27/M-33 junction, this property offers easy access to Cheboygan's amenities and a short boat ride to Mullett Lake. The combination of prime commercial zoning, extensive river frontage, existing residential improvements, and convenient location makes this an exceptional opportunity for developers and investors alike. The property's address is 9408 N Straits Hwy, Cheboygan, MI 49721. The asking price is $1,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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