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Listed by Petoskey Real Estate Group
$995,000
Est. payment /mo
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $398
MLS Listing ID 1946509
Year Built 1970
Lot Size 1.890 Acres
Acres 1.89
Property Sub-Type Industrial
Property Description
Unmatched development potential at the gateway to Boyne City! This 1.89-acre parcel boasts 270 feet of high-visibility road frontage on M-75 (Boyne Avenue), directly across from the Great Lakes Electric headquarters. Positioned on the area's busiest thoroughfare with MDOT's average daily traffic counts of 8,232 cars per day in 2025. This property offers incredible exposure for a wide variety of commercial or industrial ventures and features city sewer access and flexible zoning, making it ready to support your next major project. ADDED BONUS: Features two income-producing residences, currently utilized as a long-term rental and a successful Airbnb short-term rental, generating in excess of $60,000 in annual income with consistent 100% occupancy. The improvements include two updated homes—a 3-bedroom, 1-bath residence and a 2-bedroom, 1-bath residence with an additional 380 sq. ft. studio—as well as a 1,440 sq. ft. pole barn and a 2-car garage. A rare opportunity to secure a strategic foothold in a fast-growing waterfront resort community.
Location
State MI
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Private
Roof Type Asphalt
Garage false
Building
Sewer Public Sewer
Water Private
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456