Red Arrow Highway $1,275,000

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    Red Arrow Highway Paw Paw, MI 49079

    • 7.20 Acres
    • Land
    • MLS# 24051354
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    Views: 15 Days On Site: 54

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    Property Details

    RED ARROW DEVELOPMENT | A Personal Use or Residential/Business Development Property. Two high-profile parcels rich in potential and opportunity encompass approx. 17 acres of picturesque rural landscape along the high-traffic corridor of Red Arrow Hwy between Kalamazoo and Paw Paw, MI. A third, 1.43 acre parcel with a 3bed, 2bath, 1440sf ranch style house and an additional 1500sf pole building may also be available to purchase separately. This is quite potentially one of the most extraordinary and exciting land development opportunities that Antwerp Township has seen in many years. Zoning includes General Commercial (GC), Rural Estate Residential (R-1), Agricultural (AG) and Open Space Residential. The Commercial Corridor Overlay (CO) increases development potential. RESIDENTIAL OPTION - Build the Kind of Homes Dreams Are Made Of An expansive flat canvass, a tranquil country setting, cleaner air, the convenience of easy access to major thoroughfares and urban centers, top-rated schools and lower costs of living... This is where dreams come true and why so many people discover and love rural life. Now imagine if a quaint caf?? and market and resort-style amenities were introduced in the vision... It's more than just maximizing revenue; it's about redefining rural living and unlocking the full potential of this extraordinary opportunity. With an emphasis on craftsmanship and quality, no home style is more fitting to maintain continuity with the surrounding landscape than the classic elements and timeless appeal of the aesthetically pleasing modern farmhouse. From inviting spaces exuding warmth and coziness to its emphasis on functionality and practicality, each element of the modern farmhouse caters to the needs of contemporary living. COMMERCIAL OPTION - Prime Location for Business on a Main Corridor Large Warehouse Building - An 8,000sf +/- warehouse building features two bathrooms, a 175sf second-floor storage/office space, four 14' x 14' insulated overhead doors, and two service doors. One overhead door is automated w/ remote. Floor is 6'' reinforced concrete. Electric is 200 amp service. Natural gas is available but is not connected. Well is new in 2019. Septic is original but seldom ever used. Consumers Energy services the natural gas supply and Michigan/Indiana Power Company services electric. Electric baseboard heat is available in the bathrooms and second floor storage/office. Small Storage Building - At first glance, this nondescript 720sf +/- storage building might not make you fall in love, but imagine the possibilities, tremendous potential and opportunity to transform this prominent corner into the new local 'go to'. What would it feel like to elevate people's daily lives into a routine that develops deeper meaning and significance? "Red Arrow Caf?? & Marketplace" could become the talk of the town and a favourite morning and weekend ritual. With an annual average daily traffic volume (AADT) of over 9000 (2022 study), this opportunity offers high visibility and accessibility, making it an attractive prospect for both residential development and limited commercial ventures. LOCATION & COMMUNITY The Paw Paw and Mattawan communities offer a unique blend of natural beauty, rich history, and vibrant community spirit that appeals to prospective buyers seeking a desirable small-town lifestyle. Here are some enticing features and attractions: Wineries and Vineyards: Paw Paw is renowned for its flourishing wine industry, boasting numerous wineries and vineyards that offer wine tastings, tours, and scenic views of the countryside. The area's fertile soil and favorable climate contribute to the production of high-quality wines, making it a haven for wine enthusiasts. Outdoor Recreation: Nature lovers will delight in the abundance of outdoor recreational opportunities available in the Paw Paw and Mattawan area. From hiking and biking trails to fishing and boating on the nearby lakes and rivers, there's no sho

    • General Features
      • Tax Annual Amount 546.0
      • County Or Parish Van Buren
      • Property Sub Type Acreage
    • Building Features
      • Bathrooms 0
    • Property Features
      • Waterfront Y/N false
      • Lot Size Acres 7.2
      • Lot Size Area 7.2
      • Road Surface Type Paved
      • Lot Features Buildable, Cleared, Tillable
    • Schools
      • High School District Paw Paw

    Neighborhood

    49079 (Paw Paw) Demographics

    40 Median Age
    150 Population Density (per sq. mile)
    35% College Educated
    $66,521 Estimated Median Income
    3,914 Estimated Total Home Owners
    1,154 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    12,750 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $260,600 Median Sales Price
    22 Homes Sold
    30 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,275,000
        11/15/2024 4:14:23 AM Price Reduced Source: Multiple Listing Service New Value: $1,275,000 -3.77%
        9/30/2024 4:16:00 AM New in Database Source: Multiple Listing Service New Value: $1,325,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.