This Prime 1.5± Acre Property is ideally located just off M-123 in a high-visibility area, the property is currently commercially zoned and sits adjacent to a hotel, gas station, and bait shop, with a residential subdivision nearby. Its location makes it ideal for retail, office space, storage units, restaurant, a service business or countless other investment opportunities.
Zoning in the area permits Residential-Retail and Commercial. Most recently it was an auto detail shop. An existing 400-square-foot building is included and is being sold as-is. There is a garage door in the rear. The structure needs a new roof, making this an excellent redevelopment opportunity. Existing driveways and a parking area are already in place, adding value and reducing development costs. Located in the heart of Michigan's Upper Peninsula, Newberry is a popular destination for outdoor enthusiasts, with easy access to hunting, fishing, snowmobiling, ATV trails, Tahquamenon Falls, and the eastern U.P.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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