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7075 E M #72, Williamsburg, MI, 49690

5beds
2baths
2,576sqft
$999,800
$388price/sqft
$6,311/moest. monthly cost
$252,440/yrincome needed

About This Home

Exceptional Investment & Development Opportunity. This highly versatile property offers immediate income with outstanding future potential. Currently operating as a grandfathered residential duplex, the property features reliable long-term tenants and strong rental income, making it an ideal holding investment. Both units have their own washer and dryer. The main floor unit is a 3 bedroom, 1 bath bringing in $2,225/month and the lower unit is a 2 bedroom, 1 bath bringing in $1,550/month. Zoned Light Industrial/Warehouse, the property boasts excellent visibility and expansive frontage on M-72, opening the door to a wide variety of commercial uses. Permitted uses include, but are not limited to: Live/Work Units, Computing & Data Processing Centers, Dealerships, Suppliers, Veterinary Clinics, Greenhouses or Nurseries, Food Production Facilities, Warehousing & Wholesale Operations, Self-Storage Facilities, And many additional commercial possibilities. The site also presents a unique opportunity for renewable energy development. With a special use permit, the property could be ideal for a solar installation, thanks to its flat, cleared, and well-drained land and close proximity to an electrical substation. The parcel also offers strong development flexibility, with the potential for multiple access and exit points via existing easements, improving site circulation and making the property well suited for larger-scale commercial operations. Adding to its appeal, this expansive parcel is located less than one mile from Flintfields Horse Park, home of the internationally recognized Traverse City Horse Shows, bringing significant seasonal activity and economic energy to the area. With existing rental income covering carrying costs, investors have the flexibility to generate cash flow today while planning and developing future commercial or industrial uses on this exceptional piece of acreage.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
7/10
East Middle SchoolGrades 6-87.4 mi
7/10
Central High SchoolGrades 8-127.7 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Drywall,High Speed Internet,WiFi
  • Fireplace: Yes

Heating

  • Heating features: Forced Air,Propane,Fireplace(s)

Interior Area

  • Total structure area: 2,576
  • Total interior livable area: 2,576 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0101500503 and 06
  • Attached to another structure: Yes
  • Zoning description: Commercial,Industrial,Non-Conforming Use

Features

  • Patio & porch: Patio
  • Has view: Yes
  • View description: Countryside View
  • Waterfront features: None

Lot

  • Lot size: 9.35 Acres
  • Lot size dimensions: Irregular - See Survey

Parking

  • Parking features: Two Car,Detached