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TBD Ingot and US41 Hwy 5.06 Acres of Commercial Land Offered at $240,184 CAD in Hancock, MI 49930

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Investment Highlights

Mixed-use zoning supports diverse development opportunities including residential and institutional projects.
Public utilities including water, sewer, natural gas, electric, and cable are available at the site.
Seller may consider splitting the parcel with appropriate municipal approval, providing flexibility for buyers.

Located within city limits and accessible via Ingot Street, with immediate connectivity to US-41.
Close proximity to hospitals, schools, and local churches enhances community-oriented planning potential.

Executive Summary

Development site in the City of Hancock! A very convenient locaton that is close to the hospital and schools in the area. Property has zoning for Mixed-Use District. (https://www.cityofhancock.com/news/957.pdf). Seller would consider splitting the parcel (subject to the City of Hancock approval). Property is between Ingot and US41 with access and frontage on Ingot Street. The area has some residential development in addition to churches, schools and hospital. Note: Map shown is not a survey and does not reflect current elevations as there has been some fill and leveling done. Some photos are of general area. Acreage and dimensions are estimated. Approximate Lot Dimensions: 14x194x179x356x575x284x200x266+/- -----NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller’s. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request.

Property Facts

Price	$240,184 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	5.06 AC
Property Type	Land
Zoning	C1 - Commercial

Price	$240,184 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	5.06 AC
Zoning	C1 - Commercial

1 Lot Available

Lot

Price	$240,184 CAD	Lot Size	5.06 AC
Price Per AC	$47,467.19 CAD

Price	$240,184 CAD
Price Per AC	$47,467.19 CAD
Lot Size	5.06 AC

5.06 ac development lot Approximate Lot Dimensions: 14x194x179x356x575x284x200x266+/-.

Description

This 5-acre parcel offers an outstanding development opportunity within the City of Hancock’s Mixed-Use zoning district. Located between Ingot Street and US-41, the site provides convenient access and frontage on a paved roadway, making it highly accessible year-round. The property is positioned near essential community amenities, including Hancock schools and UP Health System hospital, creating strong potential for residential, institutional, or mixed-use development. Public water, sanitary sewer, electricity, natural gas, and cable are available at the site, streamlining the process for future improvements. The area reflects a blend of residential neighborhoods, churches, and civic infrastructure, enhancing the viability of multi-purpose projects. The city’s mixed-use designation presents flexibility for combining residential living with commercial or service-based ventures. Seller is open to parcel division subject to city approval. For developers seeking well-situated land with accessible utilities and proximity to healthcare and education, this property represents a compelling prospect.

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