Development and investment opportunity in Hillsdale, MI. Iconic and historic landmark building with the potential for 25 apartments, a hotel, or an Air B&B condo. All sitting on 20 beautiful acres with wooded areas and pond. 4 apartments are inhabited. The 21,038 sq ft Building does need renovations but the potential is there to save this structure and capitalize on your investment. The land has a pond, cleared areas for gardening, wildlife is everywhere but you are just outside of the city limits. There is even a golf course around the corner and the views are outstanding from many of the potential units. Hillsdale is a wonderful and quaint farming community, one of the oldest in Michigan. Hillsdale college supports a steady stream of rental demand. Buyers need to be preapproved.
Directions to Property
Howell Street to Hallett then West to Reading Avenue south, becomes Bankers Road to Cambria Road, south about 1/2 mile on West Side.