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7075(2 PARCELS) E M 72

Williamsburg, Michigan 49690

$999,800 $4,215/Mo

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Overview

Bed

Bath

1,300

Sqft

9.35

Acres(Lot)

Description

Exceptional Investment & Development Opportunity. This highly versatile property offers immediate income with outstanding future potential. Currently operating as a grandfathered residential duplex, the property features reliable long-term tenants and strong rental income, making it an ideal holding investment. Both units have their own washer and dryer. The main floor unit is a 3 bedroom, 1 bath bringing in $2,225/month and the lower unit is a 2 bedroom, 1 bath bringing in $1,550/month. Zoned Light Industrial/Warehouse, the property boasts excellent visibility and expansive frontage on M-72, opening the door to a wide variety of commercial uses. Permitted uses include, but are not limited to: Live/Work Units, Computing & Data Processing Centers, Dealerships, Suppliers, Veterinary Clinics, Greenhouses or Nurseries, Food Production Facilities, Warehousing & Wholesale Operations, Self-Storage Facilities, And many additional commercial possibilities. The site also presents a unique opportunity for renewable energy development. With a special use permit, the property could be ideal for a solar installation, thanks to its flat, cleared, and well-drained land and close proximity to an electrical substation. The parcel also offers strong development flexibility, with the potential for multiple access and exit points via existing easements, improving site circulation and making the property well suited for larger-scale commercial operations. Adding to its appeal, this expansive parcel is located less than one mile from Flintfields Horse Park, home of the internationally recognized Traverse City Horse Shows, bringing significant seasonal activity and economic energy to the area. With existing rental income covering carrying costs, investors have the flexibility to generate cash flow today while planning and developing future commercial or industrial uses on this exceptional piece of acreage.

Property Details

Property Type : Multifamily

Price : $999,800

AD Id : 76362840

MLS Id : 78080066305

Lot Size : 9.35 Acres

Living Area Size : 1,300

Year Built : 1960

Garage : Garage

County : Grand Traverse

Map

What's Nearby

Nearby Areas

Features

Room Information

Porches: Patio

Interior Features

Basement Description: Finished,Walk-Out Access
Heating & Cooling

Heating: Forced Air Heating Fuel: Propane

Building Information

Year Built: 1960 Total Units: 2 Foundation/Basement: Basement Architecture: Duplex,Ranch
Exterior Features
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 9.35 Lot Dimensions: Irregular - See Survey
Property Information

SQ ft: 1300 Subdivision: N/A Financing: Cash

Listing Price Information

Original List Price: $999,800
Listing Information

Possession: At Close Legal Description: See Associated Docs

Tax Information

Parcel Number: 01-015-005-03 and 06
Possession

At Close
Legal Information

Legal Description: Section: See Associated Docs

School Information

School District: Traverse City
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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At $769.08 per sq.ft.,this listing is priced below average compared to other multifamily from Williamsburg.

The average multifamily price in Williamsburg is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Grand Traverse County is $540257.14 with avg. price / sq.ft of $3659.00.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
5279 Vinton Road , Williamsburg, MI, 49690	$669,000	--	--	1,600	1,600 SqFt
7075 E M 72 , Williamsburg, MI, 49690	$674,900	--	--	1,300	1,300 SqFt
10774 S Us-31 , Williamsburg, MI, 49690	$799,900	--	--	4,400	4,400 SqFt

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 04/06/2026 @ 23:54

MLS: 78080066305 LISTED BY: Carly Tunison , Century 21 Northland 231-929-7900 SOURCE: Realcomp II Ltd