Agricultural (Not Zoned)
New Price! PORTAGE LAKE waterfront lot in a low traffic area within the City! Fantastic opportunity! Beautiful views and nice building area! Property could be used for single or multi-family properties. One idea might to be build a duplex and gain the benefit of living in one unit, enjoying the great views and Portage Lake frontage and the income from your rental investment property. A BONUS for the buyer of Lot 2 is the 1/2 of the existing dock for their use. The City of Hancock may be willing to assist in developing the portion of Navy Street extension and potentially moving it closer to the back of the property (subject to buyer's plans for the lot and within reason). Any proposals for development of the road would be subject to the City's approval and agreement. Utilities would need to be extended (at buyer's expense) from the neighboring condominium property. The city water line ends on Lot 1 (near hydrant). Location of any structures must not be over the existing sewer line. Zero land divisions included. ATTENTION DEVELOPERS! Inquire about pricing for all three parcels available as a package! (MLS #'s 1094439, 1094440 and 1094441). Property could be great for a condo/townhouse development!
MLS # 1094439
Listed By CENTURY 21 North Country Agency
1100 Century Way, Suite C, Houghton, MI 49931