MLS # 25056505 (Michigan Regional Information Center (MichRIC))

Very unique property located in the Village of Schoolcraft. Zoned B2 General Business District. Located along US-131 with great exposure for your dream business. There is a 1,792 SF House with several recent updates. A 2214 SF building that is currently being used as a rental hall, with kitchen , men's and women's bathrooms, rear covered patio. The B2 zoning allows for several business types. Check with the Village for conforming uses. Offering Includes a 157'X495' - 1.79 Acre vacant property bordering the Southern property line. Tax ID#14-19-255-039.That shares the same B2 Zoning. Great opportunity to build an additional business, or expansion of current business. BONUS: MDOT installed an entry from the highway onto the vacant property when they resurfaced the highway in 2024. NOTE: The water for the house is serviced by a private well, but can be hooked up to Village water as the main line runs along the front of the property. The rental hall is already connected to Village water
Source: SparkMLS
Located in Schoolcraft, this property offers 4-bedroom, 2-bath, 1,792 sq ft, with original construction dating to 1880.
Currently offered at $750,000 (about $419/sq ft).
Estimated annual property tax: $7,867, or about $656 monthly. 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 Consumers Energy Company. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
VILLAGE OF SCHOOLCRAFT UNPLATTED BEG ON N&S1/4 LI 6 CH & 90 LKS S OF A PT 2 R SLY A S MEAS AT RT ANG TO CTR LI GTRR ROW TH W 30 R TH S 20 R 3 FT TH E 30 R TO SD N&S1/ 4 LI TH N THEREON 20 R 3 FT TO BEG EXC S 157.55 FT THEREOF** SPLIT/COMBINED ON 02/18/2012 FROM 14-19-255-030;
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Terry A Yax
L. M. Angell, Co.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
560 S Grand Street, Schoolcraft, MI 49087
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