$5,000,000 85 M 62 Edwardsburg, MI

MLS: 18022133   Type: Lot-Land   County: Cass   City: Edwardsburg   Area: Ontwa Twp   Neighborhood: Ontwa Twp   Zip: 49112   Style: Acreage     Taxes: $15,378

Mortgage $23,474 /mo



Half Baths

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Developmental opportunity. 2268' of frontage on M-62. 83.47 acres total. Phase One: zoned commercial with 23.5 acres. Great site for a drug store, hotel, restaurant, fast food, gas station or strip mall. Phase Two: residential 38 lot/units is Michiana Shores, conducive to walkout lower levels. The infrastructure is in place with roads, street lights, fire hydrants, all municipalities including sewer, water, and natural gas. Two ornamental lakes. Mature trees with wooded privacy to the back. Phase Three: the southwest corner, 36.5 acres, is zoned residential but currently leased as farm land. Edwardsburg is a Blue Ribbon School District. Moments away from the UP Mall and big box stores. 5 minutes to the Indiana state line. 20 minutes to the booming Elkhart industrial parks.

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Price History

5/21/2018 Listed $4,800,000

Homestead % 0.00
Municipality Ontwa Twp
School District Edwardsburg
Sub-area S87 - Ontwa Twp
Terms Available Cash/Conventional
Water Type Lake
Waterfront Yes

Exterior Features

Body of Water Private Lake
Lot Description Buildable, Cleared
Road Frontage 2268.00
Water Features No Wake
Water Frontage 2.00

Property Schools

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Property vs Zip Code Avg (49112)

Price 5.00M Avg 299K

Taxes $15,378 Avg $1,894

Acres 83.47 Avg 8.73

Visits 319 Avg 48

Days on Site 332 Avg 2,461

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Listing Provided Courtesy Of: Tim Mitchell at Cressy & Everett Real Estate - (269) 424-5500

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New Buffalo, MI