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903-905 Main St 0.57 Acres of Commercial Land Offered at $1,100,000 in Frankfort, MI 49635
Investment Highlights
- Four contiguous lots on Main Street providing approximately 0.57 acres of prime development land.
- Potential for up to three stories of construction with opportunities for water views of Betsie Bay.
- Situated within a well-traveled destination supporting strong seasonal and year-round demand.
- Flexible zoning accommodates retail, restaurant, winery/brewery, office, or mixed-use projects.
- Prime location in a downtown district known for beaches, marinas, cultural attractions, and regional tourism.
Executive Summary
This offering presents an exceptional development opportunity in the vibrant waterfront community of Frankfort, Northern Michigan. Positioned in the heart of downtown on Main Street, the property spans four combined lots totaling 0.57 acres. Zoning supports an array of commercial and mixed-use options, including retail, restaurant, winery or brewery, professional office, or even hospitality concepts such as boutique hotels and condo developments.
Future owners may take advantage of the allowance for three-story construction on the east end of Main Street, enhancing potential views of Betsie Bay. The location sits within a highly trafficked seasonal and year-round destination, attracting residents and visitors drawn to Frankfort’s beaches, marina, pier, parks, and vibrant arts and dining scenes. This property’s combination of zoning flexibility and prime downtown positioning makes it suitable for investors, developers, and entrepreneurs looking to establish a presence in one of Northern Michigan’s most desirable markets.
Future owners may take advantage of the allowance for three-story construction on the east end of Main Street, enhancing potential views of Betsie Bay. The location sits within a highly trafficked seasonal and year-round destination, attracting residents and visitors drawn to Frankfort’s beaches, marina, pier, parks, and vibrant arts and dining scenes. This property’s combination of zoning flexibility and prime downtown positioning makes it suitable for investors, developers, and entrepreneurs looking to establish a presence in one of Northern Michigan’s most desirable markets.
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.57 AC |
| Property Type | Land | ||
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.57 AC |
| Zoning | Commercial - Commercial Zoned District |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.57 AC |
| Price Per AC | $1,929,824.56 |
| Price | $1,100,000 |
| Price Per AC | $1,929,824.56 |
| Lot Size | 0.57 AC |
Description
Four adjoining parcels totaling 0.57 acres, positioned on Main Street in Frankfort, MI. Zoned for mixed-use commercial purposes with development options that include retail, lodging, food service, and office uses. Located in Benzie County near Betsie Bay waterfront with established vehicular and pedestrian traffic. The site permits up to three-story buildings on the east end of Main Street.
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $292,400 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$292,400
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903-905 Main St