VL Johnson,Gaylord, MI - $200,000

MLS# 201835736 Property Type: Commercial Sale

Description

Commercial land with frontage on the northbound off-ramp of I-75's Exit 279, the southern Gaylord interchange. Gaylord continues to grow in both population & as a business destination for the surrounding region. Zoned B-2 allows a large number of uses that benefit being at a high visibility property. MDOT's 2024 traffic count is 25,843/day. That breaks down to 13,882/day on I-75, 11,961/day on S. Otsego by Exit 279, & 1339/day on Johnson Rd. Land Contract Terms offered: 25% down, 15 yr. amort. @ 7.5% yields a $1390.52/mo. payment with a 3 year balloon. The corner ribbons are estimated and not necessarily marking the survey corner monuments.

Details
  • Type : Commercial Sale
  • Sqfeet :
  • Acres : 0.64
  • Lake/River :
  • Waterfront :
  • Frontage :
  • School :
  • Construction :
  • Virtual Tour :

Listing Provided Courtesy of Michael E. Heath - COLDWELL BANKER SCHMIDT GAYLORD

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