McDonough – 26185 Main Street

McDonough – 26185 Main Street

A fabulous open lot with a view of a lot of Beaver Harbor across Main Street from the Beaver Island Ferry Dock and the Township Yacht Dock South. This lot has Main Street Road Frontage on its Southeast lot end and road frontage on its Northwest end – Back Highway. It is the land between Harbor View II Motel and the Town Fire Station. Its zoning is Harbor District which allows both Residential and/or Commercial uses – and a combination of both. It was going to be used for a six-unit Condominium Building with two bedrooms in each. The builder/developer decided not to build. The property comes with six Residential Equivalency Units ( REU’s) for the Township sewer (six so that a total of twelve Bedrooms for an extended family or a Bed and Breakfast Building, or a Private home with a guest house, or a new motel or Hotel. The lot could also be used for Commercial Buildings. The REU’s could also be sold for use by other lots without sewer hookup capability now. Up to six shops or offices could be in a new building on this property. The location in the center of the Town of St. James makes it a wonderful spot for easy walking access to everything in Town. The owners’ asking price is just what they have invested in this property. Asking price is $415,000.