1420 Standish Avenue, Petoskey, Michigan

$2,500,000

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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® # 1897433
Price $2,500,000
Acres 12.40
Type Land
Sub-Type Vacant Lot/Land, 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 SEWER: Municipal
Is Waterfront Yes
Waterfront River
Has Pool No

Exterior

Exterior Features Garage(s)
Lot Description see attached survey, Cleared, Level

School Information

District Public Schools of Petoskey

Additional Information

Date Listed March 9th, 2022
Days on Market 560
Zoning Commercial, Multi-Family, Industrial, Manufacture/Warehouse, Planned Unit Development, Special Use
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt-522

Listing Map

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