V/L 1.26AC Townline Road, Cheboygan, MI 49721 - Cheboygan County

+/-1.26 AC zoned R-M, ideal for townhome or low-rise apt development in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 yrs & multifamily vacancy near 0%. Municipal water, sewer & natural gas available. Located near major retailers including Walmart Supercenter & Tractor Supply Co., plus local services & employment. Adjacent to the North Eastern State Trail, supporting a lifestyle-oriented residential product attractive to long-term renters & investors.

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