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$599,000 for Sale

2552 newport, newport, MI 48166

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Property Description
An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Berlin Twp
General Information
Sale Price: $599,000
Price/SqFt:
Status: Active
MLS#: 50150131
City: newport
Post Office: newport
Schools: jefferson schools-monroe co
County: Monroe
Acres: 55
Lot Dim: 400 x 928 irr
Acreage: 55 est.
Tax, Fees & Legal
Est. Summer Taxes:  $3,272
Est. Winter Taxes:  $8,909


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Cole McNew of Coldwell Banker Haynes R.E. in Monroe

This listing last updated: Thu, August 15, 2024 at 9:19:27 AM EDT

MIRealSource Listing Data Last Updated On Monday, September 16 2024 at 8:11pm
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Listings presented by:
Cole McNew
Coldwell Banker Haynes R.E. in Monroe
Call: (734) 624-4923

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