The Real Estate Book - Kewadin, MI

DEVELOPMENT POTENTIAL. BUILDERS! 45 ONE ACRE HOMESITES APPROVED IN ELK RAPIDS SCHOOL DISTRICT; 15 RESIDENTIAL LOTS SURVEYED & HAVE UNDERGROUND ELECTRIC AND PHONE, GRAVEL ROAD. HAVE YOUR AGENT GIVE YOU A TOUR OF THIS OVERLOOKED DEVELOPMENT PROPERTY BETWEEN TORCH LAKE & LAKE MICHIGAN. CURRENTLY OPERATING AS A PRIVATELY OWNED, PUBLIC USE UTILITY AIRPORT, LICENSED BY THE STATE OF MICHIGAN ON SMALL PORTION OF ACREAGE. SMART RESTRICTIONS TO MAINTAIN VALUE (NEW OWNER CAN CHANGE MINIMUMS). ATTRACTIVE PAVED ENTRANCE & ROAD THROUGH COMMERCIAL SECTION. A ONE STORY 28' X 54' BLOCK BUILDING ADJACENT TO HIGH TRAFFIC COUNT ON US31 PERFECT FOR A BAR/GRILL TO WATCH AIRCRAFT. 40' X 160' FOUR UNIT T-HANGAR BUILDING W/ROOM TO EXPAND. BOTH OWNED BY THE CORPORATION. OTHER COMMERCIAL BUILDINGS AND HOME(S) ARE OWNED BY INDIVIDUALS. MINERAL RIGHTS ARE NEGOTIABLE. THE PARCEL INCLUDES 220+ ACRES FOR COUNTLESS OTHER POSSIBILITIES. CONVENIENTLY LOCATED BETWEEN CHARLEVOIX & TRAVERSE CITY, TORCH LAKE AND LAKE MICHIGAN...CLOSE TO SHOPPING, DINING, EXCELLENT HEALTH FACILITIES, FIRE & RESCUE, GOLF, SKIING & BOATING.