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    101 Simpson Palmer, MI 49871

    For Sale
    $89,900

    Commercial/Industrial - Palmer, MI

    Property size:
    7,320 SF
    Lot size:
    0.34 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 101 Simpson

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    52-13-223-002-00
    Parking features
    Off Street
    Interior features
    Beampost, Concrete Floor, Fixtures, No Elevator, Overhead, Restroom(s)
    Accessibility
    Accessible Elevator Installed
    Size
    7,320 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1890
    Flooring type
    Concrete
    Roof type
    Rubber
    Architectural style
    Other

    KELLER WILLIAMS NORTHERN MICHIGAN (231) 947-8200

    Listing agent TERRY TINCKNELL (231) 947-8200 License #6501456140

    Listing date Jul 7, 2025

    MLS# 50180828 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial/Industrial Storage Opportunity

    This almost 8,000 square-foot building in Palmer, MI, presents a storage opportunity or potential income-producing venture through rental space. Historically, the building has served various functions, including a grocery and department store, laundromat, diner, and post office. Most recently, it was used for antique and personal property storage. Located across from the former Empire Mine in Palmer, it was once a central hub for Cleveland Cliffs employees and families. The building features tin ceilings, a walk-in cooler, a large garage door with side-street access, a lunch counter, and a basement. A new rubber roof was installed in the late 1980s. Situated in a centralized location within Marquette County, the property offers proximity to Marquette, Negaunee, and Gwinn, potentially expanding the customer base for storage rental. The building is being sold "as is," and utilities have been disconnected. The HVAC system is inoperable and requires replacement. The lot size is 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Palmer
    County
    Macomb
    State
    Michigan
    Longitude
    -87.5929
    Latitude
    46.438678

    Nearby Similar for Sale

    • $450,000
      5,200 SF

      Palmer Multi-Use Commercial Property

      Expansive property with business potential in Palmer, Michigan.
      101 Kirkpatrick, Palmer, MI 49871
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Almost 8,000 sqft building suitable for storage or income generation.
    Where is this self storage facility located?
    The property is located at 101 Simpson Palmer, MI.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: - Large 8,000 sq ft building suitable for storage or rental income.; - **Large garage door with side-street access for easy loading/unloading.**; - Centralized location in Marquette County with proximity to multiple towns.
    (231) 947-8200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Simpson Palmer, MI 49871
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