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1314 Boyne Ave

1.89 Acres of Commercial Land Offered at $1,559,217 CAD in Boyne City, MI 49712

Investment Highlights

  • Commercial Development Opportunity
  • Current Residential Income Producing

Executive Summary

Great Commercial Development! Zoned: Regional/Industrial Commercial Land which permits a wide-variety of commercial businesses options. This rare investment opportunity to acquire 1.89 Acres with two income-producing residences on commercially-zoned development property in the fastest growing area of Charlevoix County – Boyne City! 270’ of high-traffic (7,000 ADT) frontage zoned Regional Industrial/ Commercial land. Currently income-producing with 2 fully-renovated homes offering residential and/or commercial usage with a 2-car garage, large pole barn and studio, which could become income-producing ADU, or for more commercial storage. Lease and Land Contract options available
Main House – Renovated, 1600 sq. ft. single-family home with 3 Bedrooms, Full Bath, NEW Kitchen and Appliances including a gas stove, dishwasher, fridge and commercial washer and dryer. The dining room connects to the family room, which features large windows to bring in the natural light and enhance the view of the towering grove of trees that surround the property. A fence outlines the perimeter of the 1.89 acres as well one that encloses the charming backyard covered patio.
Guest House – Charming, fully-renovated 650 sq. ft single family home/guest house adjacent to main residence which features 2 Bedrooms, 1 full Bathroom, new kitchen and appliances, laundry and more. This house could be sold and moved prior to commercial development.
Pole Barn – Adjacent to main house, measures 32’ x 40’, approximately 1280 sq. ft; with 2 sections and a 2 garage doors for convenient access and storage both front and back.
Studio/Garage - Currently unfinished measuring 24’ x 16’ and over 380 sq. ft which could be converted to an ADU.

Property Facts

Price $1,559,217 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Healthcare
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.89 AC

1 Lot Available

Lot

Price $1,559,217 CAD
Price Per AC $824,983 CAD
Lot Size 1.89 AC

270' high-traffic frontage southeast of downtown and ¼ mile from Boyne's Business/Industrial Park. Zoned Regional Industrial/Commercial land. Currently income-producing with 2 fully-renovated homes that offer residential and/or commercial use

Description

Main House – Recently renovated, 1600 sq. ft. single-family home with 3 bedrooms (one currently in-use as a home office), Full Bath, NEW Kitchen and Appliances including a gas stove, dishwasher, fridge and commercial washer and dryer. The dining room connects to the family room, which features large windows to bring in the natural light and enhance the view of the towering grove of trees that surround the property. A fence outlines the perimeter of the 1.89 acres as well one that encloses the charming backyard covered patio. Guest House – Charming, fully-renovated 650 sq. ft single family home/guest house adjacent to main residence which features 2 Bedrooms, 1 full Bathroom, new kitchen and appliances, laundry and more. This house could be sold and moved prior to commercial development. Pole Barn – Adjacent to main house, measures 32’ x 40’, approximately 1280 sq. ft; with 2 sections and a 2 garage doors for convenient access and storage both front and back. Studio/Garage Currently unfinished measuring 24’ x 16’ and over 380 sq. ft which could be converted to an ADU.

zoning

Zoning Code Regional/Industrial Comm (Principal uses bars or cocktail lounge, garden centers, drive thru restaurants, vets, party store, wholesale, retail, hotel and all permitted in GCD.)
Regional/Industrial Comm (Principal uses bars or cocktail lounge, garden centers, drive thru restaurants, vets, party store, wholesale, retail, hotel and all permitted in GCD.)
  • Listing ID: 30929024

  • Date on Market: 2024-02-10

  • Last Updated:

  • Address: 1314 Boyne Ave, Boyne City, MI 49712

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