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$ 2,100,000
Est. payment | /mo
8 Acres Lot
$ 2,100,000
Est. payment | /mo
8 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Pine River Twp
Subdivision Pine River Twp
MLS Listing ID 80012162
Year Built 2023
Lot Size 8.000 Acres
Acres 8.0
Property Sub-Type Industrial
Source MiRealSource
Property Description
Approximately 8.86 acres of prime commercially zoned property on the Southeast corner of Business US-127 and M-46. This property is ideal for a motel, restaurant and 1-2 other businesses. It has one of the highest daily traffic counts in the Mid-Michigan area. (approximately 21,000 cars/day) Signage can be seen from the US-127 expressway. The property is eligible for Brownfield Redevelopment TIF Reimbursement of approximately 475,000. of eligible expenses that should be transferable to the buyer. Additionally, Pine River Township approved an application by the current owner of a 10 - year freeze of local property taxes under the Commercial Rehabilitation Act. Municipal sewer, natural gas, and 3 Phase electric is on site. Municipal water and multiple providers of high-speed internet are ava
Location
State MI
County Gratiot
Zoning Commercial,Professional O
Interior
Heating None
Cooling None
Exterior
View Y/N No
Building
Sewer Public
Listed by RESULTS REALTY
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