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Lake Street 5.24 Acres of Commercial Land Offered at $250,000 in Algoma, WI 54201

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INVESTMENT HIGHLIGHTS

  • Land is Zoned Commercial and Ready for Development.
  • Near Popular Retail Locations and an Inn.

EXECUTIVE SUMMARY

This 5.25 acre lot is located right on the highway on Lake Street! Located right across from Lake Michigan water front, this is a prime location for any commercial development. Located right near a Family Dollar and the Scenic Shore Inn.

PROPERTY FACTS

Price $250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Condo
  • Auto Dealership
  • Casino
  • Convenience Store
  • Fast Food
  • Hold For Investment
  • Lodge or Meeting Hall
  • Outlet Center
  • Research and Development
  • Restaurant
  • Self Storage
  • Service Station
  • Strip Center
  • Supermarket
  • Truck Stop
Total Lot Size 5.24 AC
Zoning Commerical - HIghway Commercial

1 LOT AVAILABLE

Lot

Price $250,000
Price Per AC $47,709.92
Lot Size 5.24 AC

5.24 acres of commercial Highway frontage, prepped for commercial development.

DESCRIPTION

5.24 acres of commercial Highway frontage, prepped for commercial development. Located on Highway 42, right next to the Family Dollar and the Scenic Shore Inn. Across from Lake Michigan Lakefront Property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
201-00500-0140
Land Assessment
$76,300
Improvements Assessment
$0
Total Assessment
$76,300
  • Listing ID: 30688105

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: Lake Street, Algoma, WI 54201

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