2552 Newport Road Newport, MI 48166
Listing Courtesy of: MIREALSOURCE / Coldwell Banker Haynes Real Estate, Inc. / Cole McNew

  2552 Newport Road Newport, MI 48166

Active (128 Days)
$599,000

Description

An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Berlin Twp

MLS #:
50150131
Taxes
$12,181
Lot Size
55 acres
Type
Land
School District
Jefferson Schools-Monroe Co
County
Monroe County

Listed By

Cole McNew, Coldwell Banker Haynes Real Estate, Inc.
Source
MIREALSOURCE
Last checked Dec 4 2024 at 7:37 AM EST
Bathroom Details
Lot Information
  • Large Lot - 65+ Ft.
  • Main Street
Utility Information
  • Utilities: Water Available, Sewer Available, Phone Available, Natural Gas Available, Electricity Available
  • Sewer: Public at Street
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 15, 2024
Price Changed
$599,000
-6%
-39,000
Jul 29, 2024
Original Price
$638,000
-
-
Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38