11738 & 11774 S Lake
Empire, MI 49630

Description

Sitting adjacent to the entrance of one of Northern Michigan's most popular beaches, this property offers 3.5 acres of high-visibility development opportunity to the savvy real estate investor seeking to capitalize on the booming tourism industry of Northern Michigan. Five buildings currently occupy the commercially-zoned parcels located in downtown Empire, of which includes a 8,000 sq ft heritage barn and a 2,100 sq ft duplex currently configured as office space. Development of these parcels is augmented by a municipally-approved for a septic field located on an adjacent 2 acre parcel with a capacity of up to 20,000 gallons-per-day.

Details

MLS#1856931
Sub-TypeResale
StatusActive
Days On Site19

Features

ZoningCommercial
Acreage3.53

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Area Information

StateMI
CountyLeelanau
CityEmpire
Zip Code49630
AreaLeelanau
Listing VS Median (in 49630)
Price:
$1,875,000
low | high
Med:
$52,000
100% of Average
On Site:
19
low | high
Med:
143
13.286713286713% of Average
Listing Updated: 02/22/2019
MLS Number: 1856931
Listing Provided By:
Kevin Endres  of  Three West LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.