S Richter Road, Suttons Bay, MI 49682

$580,000
List Price
$580,000
Days on Market
290
Status
ACTIVE
MLS#
1907248
Lot Size (Acres)
8.11

Property Description

Location, Location, Location!!! Amazing opportunity for multi-family development - Condos - Apartments - located off M-22 at Richter Rd. Comprised of 6.56 acres just outside of the Suttons Bay Village limits and 1.55 acres that sits in the Village on M-22 with convenient access to the thriving downtown community of Suttons Bay. So many options for this gorgeous nature lovers utopoia! Potential residents could enjoy the pristine Leo Creek frontage and substantial common areas for walking trails with beneficial access to recreation activities, dining and shopping by way of the Leelanau Trail, a unit of the TART Trail system, located approximately 1,000 feet away. Convenient access to the beautiful, sandy shores of South Shore beach is just across M-22. Opportunity knocks in the VIILLAGE of SB! The 1.56 acre with High Visibility - zoned South Gateway which is a mix of commercial / res usage - liberal!! Check the Permitted by right zoning options for multiple mixed use (commercial main floor / res above), duplexs, place of worship! Special Land Use if approved allows for Micro Brewery, Winery, Restaurant w/ outdoor cooking and entertainment - This is Sweet! Up to 2.5 stories in height allowed, 40% building coverage allowed, 50% impervious coverage allowed. Village Sewer and Water required here-buyer will need to hook up. Amazing Location!!! Purchasers responsibility to gain all approvals. Seller is open to creative financing.

Additional Information

Building Name
N/A
Amenities
None
Exterior Features
Countryside View, Development Property
Utilities
Electric, Natural Gas, Telephone, Cable TV, Cable Internet
School District
Suttons Bay Public Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Schmidt-S.Bay.