1393 N Us31
Kewadin, MI 49648

Description

DEVELOPMENT POTENTIAL. BUILDERS! 45 ONE ACRE HOMESITES APPROVED IN ELK RAPIDS SCHOOL DISTRICT; 15 RESIDENTIAL LOTS SURVEYED & HAVE UNDERGROUND ELECTRIC AND PHONE, GRAVEL ROAD. HAVE YOUR AGENT GIVE YOU A TOUR OF THIS OVERLOOKED DEVELOPMENT PROPERTY BETWEEN TORCH LAKE & LAKE MICHIGAN. CURRENTLY OPERATING AS A PRIVATELY OWNED, PUBLIC USE UTILITY AIRPORT, LICENSED BY THE STATE OF MICHIGAN ON SMALL PORTION OF ACREAGE. SMART RESTRICTIONS TO MAINTAIN VALUE (NEW OWNER CAN CHANGE MINIMUMS). ATTRACTIVE PAVED ENTRANCE & ROAD THROUGH COMMERCIAL SECTION. A ONE STORY 28' X 54' BLOCK BUILDING ADJACENT TO HIGH TRAFFIC COUNT ON US31 PERFECT FOR A BAR/GRILL TO WATCH AIRCRAFT. 40' X 160' FOUR UNIT T-HANGAR BUILDING W/ROOM TO EXPAND. BOTH OWNED BY THE CORPORATION. OTHER COMMERCIAL BUILDINGS AND HOME(S) ARE OWNED BY INDIVIDUALS. MINERAL RIGHTS ARE NEGOTIABLE. THE PARCEL INCLUDES 220+ ACRES FOR COUNTLESS OTHER POSSIBILITIES. CONVENIENTLY LOCATED BETWEEN CHARLEVOIX & TRAVERSE CITY, TORCH LAKE AND LAKE MICHIGAN...CLOSE TO SHOPPING, DINING, EXCELLENT HEALTH FACILITIES, FIRE & RESCUE, GOLF, SKIING & BOATING.

Details

MLS#1840800
StyleIndustrial
Sub-TypeResale
StatusActive
Year1989
Days On Site199

Features

SQ Feet600
Story(s)1
ZoningResidential,Commercial

Market Activity 49648

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Area Information

StateMI
CountyAntrim
CityKewadin
Zip Code49648
AreaAntrim
Listing VS Median (in 49648)
Price:
$790,000
low | high
Med:
$44,000
100% of Average
SqFt:
600
low | high
Med:
880
3.333333333333% of Average
$ / SqFt:
$1,317
low | high
Med:
$50
100% of Average
On Site:
199
low | high
Med:
199
100% of Average
Listing Updated: 04/19/2019
MLS Number: 1840800
Listing Provided By:
Jorgensen 790000  of  EXIT Northern Shores Realty-ER
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.