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1515 Atkins Rd - 156 unit Residential Development Petoskey MI 9.94 Acres of Residential Land Offered at $2,744,000 CAD in Petoskey, MI 49770

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INVESTMENT HIGHLIGHTS

Very close to schools, downtown, truly a site offering an extension of the city limits
Approved for 2 phases by county and township

Minutes from Equestrian, Maritime, Ski, Flight and all other all season interests and sports

EXECUTIVE SUMMARY

Magnificent Rare Green Lit/Approved Ready to Mobilize this 9.4 Acre Apartment Development Site Close to Schools, Downtown, the Bay, minutes to everything!!! General Contractor already in Place – Approved for 156 Units -- Incredible opportunity to develop in Petoskey,Bear Creek Township fully approved under a Planned Unit Development (PUD) residential units. This site is shovel-ready—completelycleared, balanced, and equipped with access to all municipal utilities including water, sewer, electric, and natural gas. Located directlyadjacent to the Petoskey school campus, this property offers a prime setting for a multi-family residential rental community with convenient access to schools, services, and surrounding amenities. All PUD and site plan approvals are in place; Purchaser and/or their agent are responsible for verifying all zoning and approval details with Emmet County and Bear Creek Township. A rare, turn-keyopportunity in a high-demand high housing deficit location. Don’t miss the chance to bring your development vision to life in one ofNorthern Michigan’s most desirable communities.

PROPERTY FACTS

Price	$2,744,000 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units Master Planned Community Single Family Development
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	9.94 AC
No. Lots	1	No. Stories	1
Property Type	Land
Zoning	EC R-1 - This land is R-1 with a approved PUD in place for 156 units

Price	$2,744,000 CAD
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units Master Planned Community Single Family Development
Total Lot Size	9.94 AC
No. Stories	1
Zoning	EC R-1 - This land is R-1 with a approved PUD in place for 156 units

1 LOT AVAILABLE

Lot

Price	$2,744,000 CAD	Lot Size	9.94 AC
Price Per AC	$276,056.33 CAD

Price	$2,744,000 CAD
Price Per AC	$276,056.33 CAD
Lot Size	9.94 AC

Approved PUD,Ready to Mobilize this 9.4 Acre Apartment Development Site Close to Schools, Downtown, the Bay, minutes to everything!!! General Contractor already in Place – Approved for 156 Units - Incredible opportunity to dev