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Investment Highlights

  • Two parcels totaling 37 acres with 2,000 feet of frontage along M-55.
  • Includes 4 greenhouses, an operational barn, and a 2-bedroom house for on-site management.
  • Asking price of $450,000 offers significant land value with multiple improvement assets.
  • Located two miles from downtown Tawas and Tawas Bay.
  • Two private wells and USDA designation for non-GMO and pesticide-free farming practices.
  • Prime location for agricultural enterprise, retail farm market, or agri-based tourism.

Executive Summary

This 37-acre farming property presents a rare opportunity in Tawas City with two contiguous parcels offering exceptional visibility and accessibility along the M-55 corridor. Located just two miles from downtown Tawas and the scenic Tawas Bay, the property combines development versatility with established agricultural utility. Its A-1 Agricultural Residential zoning and inclusion in USDA-supported programs provide immediate potential for non-GMO and pesticide-free cultivation, catering to the growing demand for organic and sustainable food production.
The site is improved with functional infrastructure and quality improvements: a 2-bedroom residence, an operational barn, and four large greenhouses designed to support year-round growing operations. Two on-site wells supply ample water resources for agricultural use, while the expansive road frontage creates future potential for additional enhancements or agritourism opportunities. Whether you are an experienced grower seeking to scale operations or an investor pursuing agri-business ventures, this property delivers a compelling location, size, and value in a thriving Northern Michigan community.

Attachments

Brochure

Property Facts

Price $450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use Commercial
Total Lot Size 37.00 AC
Zoning Agricultural - Agricultural Zoned District

1 Lot Available

Lot

Price $450,000
Price Per AC $12,162.16
Lot Size 37.00 AC

Description

Set along Tawas City’s main gateway road, this 37-acre property offers a well-equipped agricultural site with multiple revenue-generating configurations. Beyond its positioning near Tawas Bay and leading retail amenities, the property leverages heavy daily traffic counts, bolstering opportunities for direct-to-consumer initiatives such as farm markets or experiential agricultural ventures. Existing improvements are ideally suited for immediate use, including a modernized home for on-site living or operational management, a functional barn for storage or livestock applications, and greenhouse structures ideal for high-yield specialty crop production. Supplementing these improvements are separate wells that secure water supply reliability, essential for diverse cultivation scenarios. With zoning favorable for agriculture and residential adaptability, the property extends versatility for both business and lifestyle investment strategies in a location known for tourism and seasonal population surges.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
101-023-300-013-00
Land Assessment
$48,000
Improvements Assessment
$0
Total Assessment
$48,000
  • Listing ID: 22380389

  • Date on Market: 3/3/2021

  • Last Updated:

  • Address: 850 E M 55, Tawas City, MI 48763

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