9568 Michigan 28 Hwy - Commercial LAND FOR SALE


Munising, MI 49862 60,113 SF
$25,000 USD
305-206-1286
9568 Michigan 28 Hwy, Munising, MI for Sale
$25,000 USD
Commercial LAND - FOR SALE
1/5
60,113 SF

9568 Michigan 28 Hwy
Munising, MI 49862


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 1.38 Acre Parcel | Dollar General Adjacent | 6K VPD | AUCTION AUGUST 24-26
  • ±1.38 Acres of Land adjacent to Dollar General in Munising, MI
  • 6,899 VPD Traffic Counts with Commercial Zoning for a Variety of Flexible Uses & Activities
  • Demand Drivers Nearby: Tractor Supply, U-Haul, Alger Correctional Facility, 41 Lumber, AmericInn by Wyndham, and more
  • Attractive Demographics with ±$66,650 Annual Household Income and ±3,500 Individuals (5-miles)
  • Absolute $1 Auction - NO RESERVE

OVERVIEW

Marcus & Millichap is pleased to present a ±1.38-acre land parcel located adjacent to 9574 M-28 (the “Property”) in Munising, Michigan. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property consists of a ±1.38-acre parcel situated adjacent to Dollar General on Michigan Highway 28 with traffic counts of ±6,889 vehicles per day (VPD). Nearby demand drivers include Tractor Supply, U-Haul, Alger Correctional Facility, 41 Lumber, AmericInn Wyndham, and more. Zoned C, General Commercial, the Property offers flexible zoning that accommodates a broad range of retail, service, mini-warehouse, restaurant, and commercial uses. Munising is a small Upper Peninsula market on Lake Superior, best known as the gateway to Pictured Rocks National Lakeshore. The market benefits from heavy seasonal visitor traffic, demand tied to lodging, outdoor recreation, food service, and local commercial uses. Munising offers a clean tourism-driven investment thesis in a scenic, supply-constrained Northern Michigan location. The surrounding ±5-mile trade area is home to ±3,500 residents with an average household income (AHHI) of ±$66,650. The population has experienced 5.36% growth from 2020-205 with growth expected to continue through 2030.

FOR SALE DETAILS

PRICE

$25,000 USD

PRICE/ACRE

$18,116/AC

PRICE/SF

$0.42 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

$1 Auction – 1.38 AC | Dollar General Adj.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

1.38 AC

LAND SF

60,113 SF

OFFSITE IMPROVEMENTS

Electricity, Streets, Curb/Gutter/Sidewalk, Telephone

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.