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TBDState Highway M-123 - Commercial Land in Newberry, MI 25.24 Acres of Commercial Land Offered at $246,486 CAD in Newberry, MI 49868
Investment Highlights
- Excellent visibility along a major Upper Peninsula travel corridor.
- Located near downtown Newberry and regional recreation destinations.
- Commercial zoning supports a variety of future development opportunities.
Executive Summary
This commercially-zoned acreage has excellent visibility and frontage on M-123, just south of downtown Newberry! This wooded corner parcel also borders Hamilton Lake Road / County Road 428 along its northern boundary, creating strong access and layout potential for a future commercial or mixed-use concept, subject to township approval. The property’s highway exposure, corner location, and proximity to nearby residential development make it an interesting opportunity in one of the Eastern U.P.’s key year-round communities. Newberry serves as a hub for Tahquamenon Falls, the Tahquamenon River, snowmobile and ORV trails, state land, and surrounding recreational destinations. Whether held as a long-term investment or explored for future development, this parcel offers exceptional location, visibility, potential, and flexibility in a growing recreational gateway area.
Property Facts
| Price | $246,486 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 25.24 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $246,486 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 25.24 AC |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $246,486 CAD | Lot Size | 25.24 AC |
| Price Per AC | $9,765.68 CAD |
| Price | $246,486 CAD |
| Price Per AC | $9,765.68 CAD |
| Lot Size | 25.24 AC |
SEC 2 T45N R10W NE 1/4 OF NE 1/4 EXC BEG AT SE COR, TH N434.3' TH W 1297.25' TH S 434.3' TH E TO POB. 25.24 A.Section2
Description
This 25.24-acre commercial-zoned land offering is positioned along State Highway M-123 just south of downtown Newberry, providing substantial frontage and visibility along one of the area's primary transportation corridors. The wooded parcel occupies a corner location and also borders Hamilton Lake Road/County Road 428, creating multiple points of access and flexibility for future site planning.
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 004-003-002-0100 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $23,277 CAD |
Property Taxes
Parcel Number
004-003-002-0100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$23,277 CAD
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TBDState Highway M-123 - Commercial Land in Newberry, MI
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