1229 Auto, Harbor Springs, MI 49740
- Added:
- Sep 16, 2024
- Days on Market:
- 634
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 1229 Auto
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LTT B-2
- Bathrooms
- 1
- Rooms
- Basement, Bathroom 1
- Interior features
- Cable TV, Natural Gas, Common Area, Ample Parking, Sewer At Road, Paved Roads
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 08-16-14-100-022
- Size
- 6,000 SF
Utilities
- Utilities
- Cable Available, Natural Gas Available
- Heating system
- Natural Gas
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Roof type
- Metal
- Architectural style
- Other
Listing agent Heidi Kresnak (231) 526-6251
Listing office Graham Real Estate 198 E MAIN ST., Harbor Springs, MI (231) 526-6251
Listing date Sep 16, 2024
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Luxury garages ranging from 1,280 sqft to 6,000 sqft, ideal for automotive enthusiasts and collectors.
- Secure, gated community providing privacy and peace of mind.
- Climate‑controlled storage ensures year‑round protection for valuable collections.
- Features a gourmet kitchen, dedicated workshop, and convenient restroom.
- Versatile mezzanine space can be customized into an office, den, or bar.
- Large irrigated green space and wide paved drive for easy maneuverability.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.2k | $20.04 |
| − Vacancy | −$8.4k | −$1.40 |
| EGI | $111.8k | $18.64 |
| − OpEx | −$16.8k | −$2.80 |
| NOI | $95.0k | $15.84 |
Alternative Uses
Current Use by Public Records
Map
- City
- Harbor Springs
- County
- Emmet
- State
- Michigan
- Longitude
- -84.9993
- Latitude
- 45.5213
