Lake Michigan & Betsie Lake

Vacant Land for Sale
Catylist Listing ID: 30427160
Property Subtypes: Hospitality, Multi-Family, Vacation/Resort, Other
Gross Land Area: 34.94 Acres
Sale Price: $25,000,000
Unit Price: $715,512 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

4,000 feet frontage on Lake Michigan, Channel and Betsie Lake. All utilities to property. Mixed use development. Property can be divided. Deep water marina area for development.

Call for complete marketing package which includes a drone video.

Owner may consider some terms to a qualified buyer.

Additional Details

Nearest MSA: Traverse City
County: Benzie
Taxing Authority: Village of Elberta
Tax ID/APN: 12 Parcels
Zoning: DD
Property Located Between: Vacant Land in Elberta, MI
Feet of Frontage: 4,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,035 3,976 5,572
Median Age: 47.86 52.13 53.55
Households: 475 1,813 2,556
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.