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    1518 & 1520 Brg Charlevoix, MI 49720

    For Sale
    $795,000

    Commercial/Industrial - Charlevoix, MI

    Property size:
    2,900 SF
    Lot size:
    1.50 Acres
    Days on Market:
    232
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 1518 & 1520 Brg

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    1
    APN
    052-234-034-25, 034-40 ++
    Size
    2,900 SF
    Lot size
    1.50 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Number of units
    2
    Architectural style
    Other

    Berkshire Hathaway HomeServices Real Estate (231) 547-9905 [email protected]

    Listing agent Richard Lobenherz (231) 547-9905 License #6506029940

    Listing date Apr 23, 2025

    MLS# 473551 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Land Near Airport Entrance

    This commercial property, totaling approximately 1.5 acres, features frontage on three roads and is located directly across from the airport entrance. The site is currently leased to a security company and includes a residential home. The location benefits from high combined traffic counts on US-31 and Marion Center, both classified as class A roads. The property's zoning is commercial, making it suitable for various uses, including retail, automotive, restaurants, and drive-through establishments. The existing structure has a living area of 2900 square feet. The property is located in Charlevoix, MI.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Charlevoix
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.3038
    Latitude
    45.2393

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    FAQs

    What type of property is this?
    Parking lot & garage - 1.5 acres of commercial land suitable for drive-through development.
    Where is this parking lot & garage located?
    The property is located at 1518 & 1520 Brg Charlevoix, MI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Prime commercial frontage directly across from airport entrance; - High traffic count on two Class A roads (US-31 and Marion Center); - Suitable for a drive-through business
    (231) 547-9905
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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
    1518 & 1520 Brg Charlevoix, MI 49720
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