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FOR SALE

Multi-Family Development Opportunity

Sale Price: $525,000
PROPERTY TYPE
Raw Land
DEVELOPMENT-READY SITE
All Services Available
SITE SIZE
16.52 Acres
CURRENT ZONING
Multi-Family Residential (R-4)
Contact Information
Scott M Nurski, MBA
Direct: 616.242.1106

Email: scottn@naiwgl.com

Kevin O'Reilly
Direct:  616.242.1115
Email: kevino@naiwgl.com

 

Property Description

The Opportunity

On behalf of NAI Wisinski Great Lakes, we are pleased to present this rare opportunity to acquire a 16.52-acre development site in Crystal Lake Township, the only property in the area zoned R4 Multifamily. Located just 1.2 miles from the Lake Michigan shoreline, just off Frankfort Highway  (M-115), the property is within walking distance to downtown Frankfort and all its amenities. Select portions of the site also enjoy stunning views of Lake Michigan.

 

This property is uniquely positioned for a high-impact residential development in Northwest Michigan.

 

As the only R-4 zoned property in the entire township, this parcel allows for the highest permitted density in the area. Recognizing the critical need for more reasonably priced housing, both Crystal Lake Township and the City of Frankfort support higher-density residential development at this location. To facilitate future development, the City of Frankfort has extended municipal water and sanitary sewer services to the site’s western boundary

The parcel features some partial tree coverage, providing a natural and scenic setting. A civil engineering review has confirmed that the site can be graded to support a multifamily development. Under the Crystal Lake Township zoning ordinance, the property allows for one building per 20,000 square feet of land area with a 28-foot height restriction, giving developers flexibility in determining building size and unit count within setback and lot coverage requirements. Current zoning allows for 71-units on the subject site.

 

The property is ideally situated between two Top 100 golf resorts—Arcadia Bluffs (20 minutes away) and Crystal Downs (9 minutes away)—offering an unmatched setting for year-round living and recreation. As featured in Golf Digest, Arcadia Bluffs ranks among the Top 100 Greatest Courses in the U.S., while Crystal Downs—designed by the legendary Alister MacKenzie, who also designed Augusta National (home of the Masters Tournament)—is ranked #23 in the world and among Golf’s Top 100 U.S. Courses (2024-25). Additionally, the Betsie Valley Trail is on the property’s doorstep, providing direct access to scenic hiking and biking routes leading into the heart of Frankfort.

 

Beyond summer recreation, this site presents an exciting opportunity as a winter retreat for snowmobilers and outdoor enthusiasts, with easy access to the region’s extensive trail networks.

 

Location

This well-located parcel offers significant development potential for a wide range of residential product types. Situated along the western boundary of Crystal Lake Township, it immediately borders the City of Frankfort and provides direct access to the downtown street grid. With approximately 345 feet of frontage along welltraveled Frankfort Highway (State Route M-115), the site enjoys high visibility and accessibility

Photo shows access to the site from the top of Grove Place on the southwest side of the property

Photo shows a clearing in the southeast corner of the property

View to the east, up Main Street across M-22.

View south from Main Street up Grove Place.

View to the west, where new apartments are being built.

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