7075 E M 72,Williamsburg, MI 49690
Williamsburg, MI 49690
Description
Exceptional Investment & Development Opportunity. This highly versatile property offers immediate income with outstanding future potential. Currently operating as a grandfathered residential duplex, the property features reliable long-term tenants and strong rental income, making it an ideal holding investment. Both units have their own washer and dryer. The main floor unit is a 3 bedroom, 1 bath bringing in $2,250/month and the lower unit is a 2 bedroom, 1 bath bringing in $1,500/month. Zoned Light Industrial/Warehouse, the property boasts excellent visibility and expansive frontage on M-72, opening the door to a wide variety of commercial uses. Permitted uses include, but are not limited to: Live/Work Units, Computing & Data Processing Centers, Dealerships, Suppliers, Veterinary Clinics,Greenhouses or Nurseries, Food Production Facilities, Warehousing & Wholesale Operations, Self-Storage Facilities, And many additional commercial possibilities. The site also presents a unique opportunity for renewable energy development. With a special use permit, the property could be ideal for a solar installation, thanks to its flat, cleared, and well-drained land and close proximity to an electrical substation. The parcel also offers strong development flexibility, with the potential for multiple access and exit points via existing easements, improving site circulation and making the property well suited for larger-scale commercial operations. Adding to its appeal, this expansive parcel is located less than one mile from Flintfields Horse Park, home of the internationally recognized TraverseCity Horse Shows, bringing significant seasonal activity and economic energy to the area. With existing rental income covering carrying costs, investors have the flexibility to generate cash flow today while planning and developing future commercial or industrial uses on this exceptional piece of acreage.
Details
| MLS # | 80067123 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 155 |
| Listing Provided By | Century 21 Northland | Carly Tunison |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,576 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Commercial,Industrial,Multi-Fami |
| Acreage | 4.69 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Propane, Forced Air |
| Appliances | Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Propane Hot Water |
Exterior
| Construction Materials | Vinyl Siding |
|---|---|
| Lot Features | Cleared |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Garage |
Utilities
| Utilities | Cable Available |
|---|
Other
| List Aor | Aspire North REALTORS |
|---|
Area Information
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Williamsburg |
| Zip Code | 49690 |
| Area | Acme Twp (28001) |
| Listing VS Median (in 49690) | |
Price: $600,000 low | high Med: $795,000 sqft: 2,576 low | high Med: 2,800 $ / sqft: $233 low | high Med: $284 On site: 155 low | high Med: 666 | |
Market Activity 49690
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Learn More About This Property
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Williamsburg |
| Zip Code | 49690 |
| Area | Acme Twp (28001) |
| Listing VS Median (in 49690) | |
Price: $600,000 low | high Med: $795,000 sqft: 2,576 low | high Med: 2,800 $ / sqft: $233 low | high Med: $284 On site: 155 low | high Med: 666 | |
