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1420 Standish Avenue

Petoskey, MI 49770
  • $2,500,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 1897431
UPDATED: 140 min ago
$2,500,000
  • 0
    BEDS
  • 12.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 83,660
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1918
County:
Area:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-05-23T23:52:29.367.
www.housestraversecity.com/homes/126537066
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1420 Standish Avenue Petoskey, MI 49770

  • Price: $2,500,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 140 min ago
  • MLS #: 1897431
0
Beds
0
Baths
0
½ Baths
12.4
Acres
83,660
SQFT
$30
$/SQFT
1918
Built
Neighborhood:
City Of Petoskey
County:
Emmet
Area:
Emmet
Property 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.
Exterior Features

Body Of Water Bear River Construction BlockOtherTimber Frame Exterior Features BlockWood Foundation Slab Lot Dimensions See Attached Survey Parking Parking Lot Road Public Maintained Roof Membrane Water Front Footage 1000

Interior Features

Heating Cooling Type Other

Property Features

Business Incl No Business Name N/A Deeded Waterfront Yes Documents On File None Eco Features No Extras 3-Phase ElectricLoading Dock(S)OtherOverhead Door(S) Heating Cooling Source OtherWood Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession At ClosingNegotiable Present Use Manufacture/WarehouseOther Private Shared Private Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 7 Sewer Municipal Terms CashCommercial Loan Township Petoskey Type Industrial Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Municipal Water Zoning IndustrialOther

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-522: 231-929-2300.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-05-23T23:52:29.367.
 
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