US-31 and Cook Avenue, 3275, 5053 & 5057, Conway, MI 49722

Description

Great opportunity to own the whole block from US-31 to Church Street with prime frontage on US-31. Crooked lake views from multiple property positions with the public beach across US-31 and a public park abutting the US-31 portion of the premises. Multiple opportunities abound for investors to utilize the buildings and open lot for a multitude of projects ranging from hospitality and retail to parking and storage. US-31 is the prime artery that connects Mackinaw City, Alanson, and other towns at the tip of the mitt to Petoskey, Harbor Springs, and Charlevoix. With 10,000 to 20,000 annual average DAILY traffic per the Michigan Department of Transportation, this is an excellent opportunity to give your business the traffic exposure it needs with the luxury of allowing your patrons to utilize the public beach, park, and nearby boat launch. With the cost of Petoskey commercial and residential real estate on the rise, this location gives you the opportunity to invest into where people are headed--more north and more east at an affordable price. The Hiawatha off of Merritt/US-31 is a functioning Inn featuring 15 bedrooms and 3 full baths with almost every room having it's own sink. The Building on Cook features a storefront, a downstairs 1 bed, 1 bath apartment, and an upper apartment with one and one half baths and two bedrooms. The large lot at Cook and Church is mostly level with a third of an acre to build anything from a parking lot to a commercial building of the purchaser's choice. The zoning options are plentiful when it comes to what can be done with this property. The property owners have decided to sell all three properties in one sale.

Directions

From Petoskey, US-31 N to Conway. Property is at traffic light intersection of US-31 N and Cook Avenue