TBD S Western Avenue, Cheboygan, MI 49721

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
479887
Acres
41

Property Description

Real estate developers and savvy long-term investors won't want to miss out on this unique opportunity inside Cheboygan city limits! This property includes 40+ acres of prime real estate located directly adjacent to Cheboygan High School. The majority of the acreage offered is zoned Multi-Family Residential, meaning creative minds can flourish in reimagining this high potential space. A portion of the acreage has also been established as Cheboygan Estates, a site plan condominium. Continue on with the original vision on one portion while meeting an entirely different demand on another. The property also plays host to a portion of the North Central State Trail - a 75 minute pedestrian and non-motorized trail stretching all the way from Gaylord to Mackinaw City! No matter if you're a buy-and-hold inventor recognizing the long term potential for development, or a builder seeking low cost entry to an emerging market, this property truly offers something for all.

Additional Information

Hoa
Yes
Waterfront
Neither
Features
Natural Gas, City Utilities, Paved Road
School District
Cheboygan
Water
City
Sewer
Septic

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Calculator source: Real Geeks

Listing courtesy of Kyle Lieberman from Kidd & Leavy Real Estate Co. LLC. Main: 231-439-2800

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