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Investment Highlights

  • Excellent visibility along a major Upper Peninsula travel corridor.
  • Located near downtown Newberry and regional recreation destinations.
  • Commercial zoning supports a variety of future development opportunities.

Executive Summary

This commercially-zoned acreage has excellent visibility and frontage on M-123, just south of downtown Newberry! This wooded corner parcel also borders Hamilton Lake Road / County Road 428 along its northern boundary, creating strong access and layout potential for a future commercial or mixed-use concept, subject to township approval. The property’s highway exposure, corner location, and proximity to nearby residential development make it an interesting opportunity in one of the Eastern U.P.’s key year-round communities. Newberry serves as a hub for Tahquamenon Falls, the Tahquamenon River, snowmobile and ORV trails, state land, and surrounding recreational destinations. Whether held as a long-term investment or explored for future development, this parcel offers exceptional location, visibility, potential, and flexibility in a growing recreational gateway area.

Property Facts

Price $175,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Bank
  • Bar
  • Carwash
  • Convenience Store
  • Motel
  • Public Park
  • Agricultural
  • Agribusiness
Total Lot Size 25.24 AC
Opportunity Zone Yes
Zoning C - Commercial

1 Lot Available

Lot

Price $175,000
Price Per AC $6,933.44
Lot Size 25.24 AC

SEC 2 T45N R10W NE 1/4 OF NE 1/4 EXC BEG AT SE COR, TH N434.3' TH W 1297.25' TH S 434.3' TH E TO POB. 25.24 A.Section2

Description

This 25.24-acre commercial-zoned land offering is positioned along State Highway M-123 just south of downtown Newberry, providing substantial frontage and visibility along one of the area's primary transportation corridors. The wooded parcel occupies a corner location and also borders Hamilton Lake Road/County Road 428, creating multiple points of access and flexibility for future site planning.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 41360083

  • Date on Market: 7/20/2026

  • Last Updated:

  • Address: TBDState Highway M-123, Newberry, MI 49868

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