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    127 Chippewa Ave Manistique, MI 49854

    For Sale
    $200,000

    Commercial/Industrial - Manistique, MI

    Property size:
    4,080 SF
    Lot size:
    0.42 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 127 Chippewa Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    77-051-187-002-00
    Interior features
    Cable Internet Installed, Conveyor System, Furniture, Restroom(s), Sidewalks, Telephone
    Size
    4,080 SF
    Lot size
    0.42 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Space Heater
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1995
    Architectural style
    Other

    Keller Williams Northern Michigan Peninsula Partners (906) 286-4337 [email protected]

    Listing agent JULIE BARR (906) 286-4337 License #6501413781

    Listing date Aug 1, 2025

    MLS# 50183695 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

    Manistique Commercial Building For Sale

    Located in Manistique, this property features a 4000 square foot commercial building currently used as a carpet and flooring store, presenting potential for various businesses. The building can be divided into two separate spaces, offering versatility and the opportunity to maximize rental income. The interior features well-insulated drywall finish and 14-foot ceilings, creating a spacious atmosphere. The property includes a generous parking lot. The building is equipped with natural gas heat. The property is located near Clyde's. New owners have the option to purchase the existing carpet and flooring inventory, and can either continue with the established business or start anew. The lot size is 0.42 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.257137
    Latitude
    45.962192

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    FAQs

    What type of property is this?
    Retail space - 4000 sq ft commercial building with versatile rental options.
    Where is this retail space located?
    The property is located at 127 Chippewa Ave Manistique, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - 4000 sq ft commercial building with potential for various businesses.; - Option to divide the building into two separate spaces for rental income.; - Generous parking lot for customers and employees.
    (906) 286-4337
    Request Owner's contact information
    127 Chippewa Ave Manistique, MI 49854
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    Manistique, MI 49854
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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
    127 Chippewa Ave Manistique, MI 49854
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