2552 Newport Road

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Address: 2552 Newport Rd, Newport, MI 48166, USA

Chicago & Midwest + Land/Development

Created date: July 30, 2024

Date last updated: November 27, 2024

- Prime location in Charter Township of Berlin
- Well-suited for a variety of development opportunities
- Access to essential utilities including electric, gas, water, and sewer
- Favorable zoning regulations for commercial or industrial use
- Ample space for future expansion or redevelopment
- Proximity to major transportation routes for logistical convenience
- Solid foundation and infrastructure for new construction
- Potential for high return on investment through strategic development plans

Property Description

An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Electric, Gas, Water, and Sewer at site.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$599,000
Lot Size:	55.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here