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- LoopNet Team
Lake Michigan & Betsie Lake
Elberta, MI 49628
Land For Sale
·
17.71 AC
INVESTMENT HIGHLIGHTS
- Fantastic waterfront views
- Access to both Lake Michigan and Betsie Lake
PROPERTY FACTS
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 17.71 AC |
| Zoning | DD - Currently zoned Waterfront and Lake Bluffs Development DD. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.71 AC |
| Zoning | DD - Currently zoned Waterfront and Lake Bluffs Development DD. |
DESCRIPTION
17.71 acre assemblage of prime waterfront property on the eastern shore of Lake Michigan. The site offers 578’ of frontage along Lake Michigan and up to 3,120’ of frontage along the deepwater port channel and Betsie Lake. Opportunity to own both Lake Michigan and inland water access via a well-protected, channelized harbor featuring a large dual breakwater (2,000 – 2,500 lineal feet each), dual stub piers and the historic Frankfort Lighthouse at the end of the north breakwater. Also includes beautiful views from the high dune bluff portion of the property, plus access to white sand beaches that extend for miles. Preliminary site plan approval was obtained in the past for 367 housing units in the Lake Michigan District, 168 housing units in the Marina District, plus permitting (now expired) for a 140 slip marina capable of accommodating vessels up to 80’ in length. In addition, either district could include a retail/commercial and hotel/hospitality component. The current offering is for Lots A and B of the Lake Michigan District. Additional land could be available. Inquire with broker.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,145,000 |
PROPERTY TAXES
