$674,900

7075 M 72 E Williamsburg, MI 49690

Estimated payment $4,622/month

Total Views 1,672
-- Bed
2 Baths
2,576 Sq Ft
$262 Price per Sq Ft

Highlights

  • Countryside Views
  • Ranch Style House
  • Forced Air Heating System
  • Courtade Elementary School Rated A-
  • Fireplace

About This Home

Exceptional Investment & Development Opportunity. This highly versatile property offers immediate income with outstanding future potential. Currently operating as a grandfathered residential duplex, the property features reliable long-term tenants and strong rental income, making it an ideal holding investment. Both units have their own washer and dryer. The main floor unit is a 3 bedroom, 1 bath bringing in $2,250/month and the lower unit is a 2 bedroom, 1 bath bringing in $1,500/month. Zoned Light Industrial/Warehouse, the property boasts excellent visibility and expansive frontage on M-72, opening the door to a wide variety of commercial uses. Permitted uses include, but are not limited to: Live/Work Units, Computing & Data Processing Centers, Dealerships, Suppliers, Veterinary Clinics, Greenhouses or Nurseries, Food Production Facilities, Warehousing & Wholesale Operations, Self-Storage Facilities, And many additional commercial possibilities. The site also presents a unique opportunity for renewable energy development. With a special use permit, the property could be ideal for a solar installation, thanks to its flat, cleared, and well-drained land and close proximity to an electrical substation. The parcel also offers strong development flexibility, with the potential for multiple access and exit points via existing easements, improving site circulation and making the property well suited for larger-scale commercial operations. Adding to its appeal, this expansive parcel is located less than one mile from Flintfields Horse Park, home of the internationally recognized Traverse City Horse Shows, bringing significant seasonal activity and economic energy to the area. With existing rental income covering carrying costs, investors have the flexibility to generate cash flow today while planning and developing future commercial or industrial uses on this exceptional piece of acreage.

Listing Agent

Carly Francis

Century 21 Northland Brokerage Phone: 231-409-3601 Listed on: 03/24/2026

Century 21 Northland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled in 2021

Lot Details

  • 4.69 Acre Lot

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2,576 Sq Ft Home
  • Fireplace
  • Countryside Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Rent includes exterior maintenance, heating/cooling, electricity

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $12,825
  • Gross Income $44,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled in 2021

Lot Details

4.69 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None
  • Horses: No
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • View: Countryside View
  • Has View?: Yes
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T273563
  • Subdivision Name: N/A
  • Accessibility Features: None
  • Architectural Style: Ranch
  • Basement: Walk-Out Access, Egress Windows, Finished
  • Has Fireplace?: Yes
  • Living Area: 2576
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Effective Year Built: 2021
  • Year Built: 1960
  • Special Features: None
  • Year Built: 1960
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Drywall, High Speed Internet, WiFi
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Propane Water Heater

Exterior Features

  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: None

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: Two Car, Detached

Utilities

  • Sewer: Private Sewer
  • Heating: Forced Air, Fireplace(s), Propane
  • Water Source: Private

Condo/Co-op/Association

  • HOA Rent Includes: Exterior Maintenance, Heating/Cooling, Electricity
  • Pets Allowed: false

Schools

  • Junior High Dist: Traverse City Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 204296.4
  • Zoning Description: Commercial,Industrial,Non-Conforming Use

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44700
  • Annual Operating Expense: 12825
  • Total Actual Rent: 3775
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,487 $386,600 $0 $0
2024 $10,037 $275,000 $0 $0
2023 $9,724 $84,000 $0 $0
2022 $2,024 $89,400 $0 $0
2021 $1,958 $84,000 $0 $0
2020 $1,915 $84,700 $0 $0
2019 $1,912 $75,100 $0 $0
2018 $1,868 $85,700 $0 $0
2017 -- $79,000 $0 $0
2016 -- $86,600 $0 $0
2014 -- $65,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $674,900 -- $262 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $390,000 --
Deed -- --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1943163

Northern Great Lakes REALTORS® MLS

APN: 01-015-005-03

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