1420 Standish Avenue Petoskey, MI 49770
Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors Traverse City 522 / Alex MacKenzie
$2,500,000

  1420 Standish Avenue Petoskey, MI 49770

Pending (207 Days)

Description

Amazing opportunity to own a large acreage parcel along the Bear River recreation corridor in the city limits of Petoskey only one mile from the downtown Gas Light district. The site is 12.4 acres with 11.1 usable acres and features over 1,000 feet on the Bear River. There is an existing 83,660 SF historic building on the site that was previously used by Michigan Maple Block Co. A buyer could use some or all of the existing structure but the value is in redeveloping the property. This has been designated a MEDC Priority Redevelopment Site by the City of Petoskey allowing for a streamlined process for potential developers. Planned Unit Development, residential, multi-family, industrial and mixed-use are all possible uses.

MLS #:
1897433
Lot Size
12.4 acres
Type
Land
School District
Public Schools of Petoskey
County
Emmet County
Community
Petoskey
Bathroom Details
Subdivision
  • Mi
Lot Information
  • Level
  • Cleared
Utility Information
  • Utilities: Electric, Natural Gas, Cable Internet
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.