MI > Emmet > Petoskey > 1393 N Us 31

$1,250,000

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  • 6 Acres
  • MLS# 472802
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Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Welcome to 1393 N. US 31 in Petoskey, Michigan, a prime real estate opportunity that combines both residential and investment potential. This property boasts an expansive 6 acres of land, presenting a blank canvas for lucrative development. Zoned for multi-family units, this parcel is ready to go for those looking to capitalize on the growing demand for housing in the area. In addition to the development potential, this property offers a rental property with a current lease in place. Generating over $2000 a month in income, this presents a fantastic opportunity for immediate returns on your investment. The existing rental property adds further value to this already enticing proposition. Furthermore, the seller is open to entertaining offers to partner on this project, providing an opportunity for collaboration and shared success. With the potential for substantial returns and the flexibility to explore partnership possibilities, this property is a rare find in the Petoskey real estate market. Don't miss out on this exceptional investment and development opportunity at 1393 N. US 31 in Petoskey, Michigan. Contact me today to learn more and seize this chance to make your mark on the local real estate landscape.

Property Information

Status
Active 
Address
1393 N Us 31 
City
Petoskey 
Zip
49770 
Features
Natural Gas, Phone
Zoning
EC R-2
County
Emmet 
Waterfront Desc
Neither 

School Information

School District
Petoskey 

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annual

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
472802 Active Dec 11 2023 4:15PM $1,250,000 139
465045 Sold Active May 14 2022 12:25PM $900,000 $395,000 $900,000 0
465045 Active Expired Apr 17 2022 2:55PM 0
465045 Expired Active Apr 17 2022 2:37AM 0
465045 Active May 12 2021 8:56PM $395,000 0
School Information
Local Business

Learn More About This Listing

Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Gaslight Group Properties
Office Address 215 Howard St.

1393 N Us 31 Petoskey
Contact us
$1,250,000
For Sale • Acres: 6.0 • School District: Petoskey