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    Central Lake, MI

    Central Lake, MI Commercial Real Estate for Sale

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    11 properties
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    Corner Retail Office Property
    Updated: May 22
    Corner Retail Office Property

    2134 S Main Street, Central Lake, MI 49622

    $219,000
    1,568 sqft 0.17 AC lot
    Corner commercial/mixed‑use property on Main Street (M‑88) in downtown area
    Exterior features include wood; construction is frame
    Asphalt roof
    Private parking lot located off Ballard Street
    Includes 1 bathroom (Bathroom 1)
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    This listing looks promising.

    Here's a quick look at some key insights for

    2134 S Main Street, Central Lake, MI 49622

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $233K
      Above asking

    • Last Sold

      Nov 2020
      $115K
    View Property Analytics
    Boutique Hotel With Event Space
    Updated: Jun 28
    Boutique Hotel With Event Space

    2287 S Main Street, Central Lake, MI 49622

    $850,000
    3,200 sqft 1.00 AC lot
    Five hotel suites, each with a private bath
    3200 square feet on 1 acre
    Remodeled lower‑level bar and event area
    Remodeled owner’s suite with bathroom near the garage
    Knowles Creek, deck, fire pit, and outdoor lounging areas
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    Motel with Standalone Cottages
    Motel with Standalone Cottages

    4871 US Highway 31 N, Central Lake, MI 49622

    $1,850,000
    5,654 sqft 2.76 AC lot

    Updated in 2016 with new cottages and remodeled motel rooms, plus on-site living space and guest parking.

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    Turn-Key Mixed-Use Corner Property
    Turn-Key Mixed-Use Corner Property

    S 2134 S Main Street Unit SourceFi, Central Lake, MI 49622

    $219,000
    1,568 sqft

    For-sale mixed-use corner property with high visibility on Main Street and a private parking lot off Ballard Street.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land with Pole Building
    Land with Pole Building

    Farrell Rd, Central Lake, MI 49622

    $187,000
    2.50 AC lot

    2.5-acre parcel includes a 30x40 pole building with 12-ft overhang and frontage on Eastport Creek.

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    Corner Cannabis Retail with Loft
    Corner Cannabis Retail with Loft

    7957 East State Street, Central Lake, MI 49622

    Contact for pricing
    2,640 sqft

    Turnkey cannabis retail space with an integrated upper loft/office area for streamlined day-to-day operations.

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    Flex Space With Multiple Buildings
    Flex Space With Multiple Buildings

    Central Lake, MI 49622

    Contact for pricing
    26,100 sqft 21.00 AC lot

    Multi-building commercial property includes conditioned operational space, warehouse capacity, and a separate storage garage.

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    Multi-Building Industrial Flex Property
    Multi-Building Industrial Flex Property

    3166 Muckle Rd, Central Lake, MI 49622

    Contact for pricing
    26,100 sqft 21.00 AC lot

    Three-building industrial and storage property totaling 26,100 sq. ft., including a main building with central air and three-phase power.

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    Boutique Hotel with Event Space
    Boutique Hotel with Event Space

    2287 S Main Street, Central Lake, MI 49622

    Contact for pricing
    3,200 sqft

    Boutique hotel and event space featuring five suites, private baths, and a remodeled speakeasy/barrel room.

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    Corner Mixed-Use Retail/Office
    Corner Mixed-Use Retail/Office

    2134 S Main St, Central Lake, MI 49622

    $219,000

    Turn-key downtown corner property with private parking, well suited for retail, office, studio, or mixed-use concepts.

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    Hotel and Cottage Property
    Hotel and Cottage Property

    Central Lake, MI 49622

    $1,850,000

    Updated in 2016 with six new standalone cottages and refreshed motel rooms, plus an on-site 2-bedroom living area.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Central Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Agricultural Land with Production Buildings
    Agricultural Land with Production Buildings

    11486 Essex, Ellsworth, MI 49729

    $849,000
    134.00 AC lot

    134-acre agricultural property in Ag zoning with a production barn and workshop/office space for farm or value-added operations.

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    Working Farm with Production Barn
    Working Farm with Production Barn

    11486 Essex, Ellsworth, MI 49729

    $849,000

    134-acre farm property with a 5,700 SF production barn and walk-in freezer plus a 6,200 SF workshop and office.

    View details
    Aviation Hangar Lot with Runway Access
    Aviation Hangar Lot with Runway Access

    1204 Hangar Way, Kewadin, MI 49648

    $39,900
    0.26 AC lot

    Commercial hangar lot in a private airpark with direct access to two runways and recent runway upgrades.

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    Buildable Runway-Access Hangar Lot
    Buildable Runway-Access Hangar Lot

    6 Hangar Way, Kewadin, MI 49648

    $39,900
    0.21 AC lot

    Commercially zoned, buildable hangar lot with direct runway access and on-site underground electric.

    View details

    Off-Market Properties in Central Lake, MI

    Consider similar Off-Market properties in Central Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2420 Main St
    COMMERCIAL (GENERAL)

    2420 Main St, Central Lake, MI 49622-5139

    $40,000
    Estimated value
    936 sqft
    View details
    2487 Main St
    COMMERCIAL (GENERAL)

    2487 Main St, Central Lake, MI 49622-9275

    Value Estimation by Request
    0.07 AC lot
    View details
    2379 Torch Lk Dr
    COMMERCIAL (GENERAL)

    2379 Torch Lk Dr, Central Lake, MI 49622-9640

    $235,000
    Estimated value
    View details
    Central Lake, MI 49622
    VACANT COMMERCIAL LAND

    Central Lake, MI 49622

    $395,000
    Estimated value
    View details
    Central Lake, MI 49622
    VACANT COMMERCIAL LAND

    Central Lake, MI 49622

    $395,000
    Estimated value
    View details
    2432 Main St
    COMMERCIAL (GENERAL)

    2432 Main St, Central Lake, MI 49622-9271

    $100,000
    Estimated value
    View details
    2461 Main St
    COMMERCIAL (GENERAL)

    2461 Main St, Central Lake, MI 49622-9446

    $150,000
    Estimated value
    1,860 sqft 0.08 AC lot
    View details
    2379 Main St
    COMMERCIAL (GENERAL)

    2379 Main St, Central Lake, MI 49622-9251

    $90,000
    Estimated value
    1,770 sqft 0.12 AC lot
    View details
    1981st Moyer
    COMMERCIAL (GENERAL)

    1981st Moyer, Central Lake, MI 49622-9265

    $50,000
    Estimated value
    View details
    2312 Chestnut St
    COMMERCIAL (GENERAL)

    2312 Chestnut St, Central Lake, MI 49622-5127

    Value Estimation by Request
    View details
    5054 Pearl St
    COMMERCIAL (GENERAL)

    5054 Pearl St, Central Lake, MI 49622

    Value Estimation by Request
    View details
    2130 Howard St
    COMMERCIAL (GENERAL)

    2130 Howard St, Central Lake, MI 49622-5144

    $200,000
    Estimated value
    View details
    8205 Ballard St
    COMMERCIAL (GENERAL)

    8205 Ballard St, Central Lake, MI 49622-5116

    $250,000
    Estimated value
    4.13 AC lot
    View details

    Central Lake, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Central Lake, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 70,030 square feet of properties for sale, with an estimated market value of $5,394,000.

    Sale prices for business properties in Central Lake, MI start at $187,000, averaging $770,571, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,646
    Population Growth (5Y) +5.4%
    Median Household Income $66,618
    College Educated 40.3%

    High-Yield Neighborhoods for Investment

    Identify Central Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49622 $674.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $21.40 per SF
    Tax Rate vs County Average 0.91 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Antrim County

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