1420 Standish Avenue, Petoskey, Michigan

$2,500,000

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83,660

Square feet

12.40

Acres

About 1420 Standish Avenue

Amazing opportunity to own a large acreage parcel along the Bear River recreation corridor in the city limits of Petoskey only one mile from the downtown Gas Light district. The site is 12.4 acres with 11.1 usable acres and features over 1,000 feet on the Bear River. There is an existing 83,660 SF historic building on the site that was previously used by Michigan Maple Block Co. A buyer could use some or all of the existing structure but the value is in redeveloping the property. This has been designated a MEDC Priority Redevelopment Site by the City of Petoskey allowing for a streamlined process for potential developers. Planned Unit Development, residential, multi-family, industrial and mixed-use are all possible uses.

Features of 1420 Standish Avenue

MLS® # 1897431
Price $2,500,000
Bathrooms 0.00
Square Footage 83,660
Acres 12.40
Year Built 1918
Type Commercial
Sub-Type Industrial, Commercial Sale, Private Water Frontage
Status Pending
Lake Bear River
Association City of Petoskey

Community Information

Address 1420 Standish Avenue
Subdivision City of Petoskey
City Petoskey
County Emmet
State Michigan
Zip Code 49770

Amenities

Utilities WATER: Municipal Water SEWER: Municipal
Features Overhead Door(s), Loading Dock(s), 3-Phase Electric, Other
Parking Parking Lot
Is Waterfront Yes

Interior

Heating Wood, Other
Has Basement No
Basement Slab

Exterior

Exterior Features Wood, Block
Lot Description see attached survey
Roof Membrane
Construction Block, Other, Timber Frame

Additional Information

Date Listed March 9th, 2022
Days on Market 560
Zoning Industrial, Other
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt-522

Listing Map

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