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    17275 Caberfae Hwy Wellston, MI 49689

    For Sale
    $375,000

    SINGLE_FAMILY - Wellston, MI

    Type:Retail
    Property size:
    2,698 SF
    Lot size:
    1.75 Acres
    Days on Market:
    111
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 17275 Caberfae Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    10-112-375-07 & 10-112-375-06
    Size
    2,698 SF
    Lot size
    1.75 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1949
    Floors in Building
    1
    Number of units
    1
    Building materials
    Wood Siding

    Grand Rapids Market Center East (616) 575-1800 [email protected]

    Listing agent John Zuluaga-Torres (616) 575-1800

    Listing date Aug 18, 2025

    Copyright © 2025 Montcalm County 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

    Wellston Retail Opportunity on Highway

    Located in northern Michigan, between Manistee and Cadillac, this retail property is situated on a high-traffic highway. The surrounding area is known for golf, skiing, the Little River Casino, Tippy Dam, and inland lakes. The property includes a lot and house next door, offering opportunities to increase parking. The building has been improved with investments in new compressors and an awning. The property size is 2698 square feet and the lot size is 1.75 acres. The business has potential for growth by expanding into unused square footage, increasing media presence, and installing gas pumps, toy rentals, or an ice cream window. Sales are up year to date over 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    M-55 Market Grocery Store

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Hotel & Motel Kitchen & Bath Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellston
    County
    Manistee
    State
    Michigan
    Longitude
    -85.955841
    Latitude
    44.224755

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property on high-traffic highway with expansion potential.
    Where is this grocery and convenience store located?
    The property is located at 17275 Caberfae Hwy Wellston, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High-traffic highway location between Manistee & Cadillac.; - Business with year-to-date sales increase over 2024.; - Includes adjacent lot and house for expansion or parking.
    (616) 575-1800
    Request Owner's contact information
    17275 Caberfae Hwy Wellston, MI 49689
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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
    17275 Caberfae Hwy Wellston, MI 49689
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