MLS # 26032536 (Michigan Regional Information Center (MichRIC))

Position your next commercial venture on just over 9 acres of high-visibility land strategically located between I-94 Exits 23 and 27. Surrounded by hotels, restaurants, Starbucks, fuel stations, retail, and steady traffic, this versatile site offers strong potential for hospitality, mixed-use development, national retail, professional services, or franchise concepts. Its location between the Bridgman and Covert energy facilities also creates an excellent opportunity for mid- to long-term rental units or corporate housing. Minutes from multiple Lake Michigan public beaches, the property could also suit a boutique resort, RV park, beach rental hub, wellness retreat, event venue, or lake-inspired food hall. Two scenic ponds provide a natural backdrop for outdoor dining, recreation, or gathering spaces, while an oversized 2-car garage adds utility. Seller is willing to divide, offering flexibility for a variety of development plans. Additional listings with the proposed splits available.
Source: SparkMLS
Listed at $900,000.
Annual property taxes run approximately $7,277 ($606/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
COM 257'N89DEG55'40''W OF CEN SEC 21 T5S R19W TH S 658.7'TH N89DEG59'20''W 804' TO ELY HWY LN TH ON A CUR RT A CHORD DIS OF N36DEG22'45'' E 820.5'TH S89DEG55'40''E 318.55'TO POB
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Dawn Tomlinson
RE/MAX by the Lake
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5363 Red Arrow Highway, Stevensville, MI 49127
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Municipality
Lincoln Township
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