Listed by Coldwell Banker Commercial Team Sherri
$150,000
VL Johnson Road, 0.64 Acres, Gaylord, MI, 49735
Details
Property Type Special Purpose
Sub Type Other
Acreage 0.640
Zoning B-2
Vacant Land Fronting I-75 Exit 279
Marketing 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.
Investment highlights
Multiple uses for northern Michigan businesses looking for visibility from I-75 just off an exit ramp. Potential B-2 Uses: Adult Foster Care; Automotive Service; Bar; Car Wash; Day Care; Distribution Capability; Franchise; Grocery Store; Hotel; Medical/Dental; Mini Storage; Miniature Golf; Motel; Office; Party Store; Religious; Restaurant; Retail; Service; Strip Mall.
Listing Contacts
Listed by Coldwell Banker Commercial Team Sherri
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