• Asking Price $599,000
  • 2552 NEWPORT RD NEWPORT, MI 48166

  • Vacant Land / Resale (MLS)

Property Details for 2552 NEWPORT RD, NEWPORT, MI 48166

Features

  • Lot Size: 55 acres
  • Stories: 2
  • Heating: Forced air unit

Facts

  • Year Built: 01/01/1913
  • Property ID: 903807901
  • MLS Number: 50150131
  • Parcel Number: 03-002-042-10
  • Property Type: Vacant Land
  • County: Monroe
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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

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Property Brokerage: Coldwell Banker Haynes Real Estate, Inc. 15489 S. Telegraph Rd. Monroe MI 48161
Copyright © 2025 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.