Newport, MI 48166,2552 Newport RD
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Newport, MI 48166,2552 Newport RD
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$ 595,000
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2552 Newport RD Newport, MI 48166

55 Sqft Lot


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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 57050150131

Lot Size 55 Sqft

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

Location

State MI

County Monroe

Area Area06051Berlintwp

Exterior

View Y/N No

Building

Sewer PublicSewer, SewerAtStreet

Water WateratStreet

Schools

School District Jeffersonschoolsmonroeco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo


Realcomp MLS
Listed by Cole McNew of Coldwell Banker Haynes R.E. in Monroe
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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2552 Newport RD