TBD A B C D Canal,Houghton, MI - $1,994,000

MLS# 1124190 Property Type: MultiFamily Pending w/Contingency


BEAUTIFUL PORTAGE LAKE WATERFRONT! Not easy to find a site ready for development, within the City of Houghton AND with frontage on Portage Lake! This parcel has approximately 4,668+/- feet of lake frontage and approximately 28+/- acres. The location is so convenient to Houghton being within a few of miles from the M26 and Canal Road intersection. School District: Adams Twp and Stanton Twp. Parcels B, C and D are zoned (effective 3/8/2021, any development must be presented to city within 18 months from effective date.) B-2 (community business) with the conditions. Inquire about the special zoning conditions. This may be a great location for higher density residential use like townhomes or condominiums (subject to city planning commission and other required approvals). It is recommended that the Buyer verify and inspect all aspects of the property including but not limited to zoning, ordinances, permitted uses and city water and sewer capacity to the property for intended use. City water and sewer has been extended to service most of the parcel. Water and sewer have not been installed to all areas of the property like the area beyond the creek. Property is also listed under MLS Numbers: 1124191 (A), 1124192 (A and B), 1124193 (C and D), 1124194 (D). Parcel A is subject to state and/or federal wetland restrictions in some areas AND will remain as R-1. This listing will be updated after the property sale is complete. Additional restrictive covenants may apply.

  • Type : MultiFamily
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  • Acres : 28.90
  • Lake/River : Portage Lake
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  • Trailside : No
  • Waterview : Interior Lake
  • Waterfront : Interior Lake
  • Frontage : Interior Lake
  • School : Stanton Twp
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  • County : Houghton
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  • Virtual Tour : http://drdp.ly/xC9PgR

ADDITIONAL ZONING INFORMATION: Parcels B, C and D are zoned (effective 3/8/2021) B-2 (community business) with the condition that the only uses allowed are: 1. All principal uses and all uses subject to conditions as regulated in the B-1 District or in any Residential District. 2. Restaurants, taverns or other places serving food or beverages. 3. Hotels and motels.