Mixed-Use Live-Work Office
309 W Main Street Kingsley, MI 49649
309 W Main Street, Kingsley, MI, 49649
$229,000
For Sale
$229,000
COMMERCIAL - Kingsley, MI
Property Size800 SF
Lot Size0.23 Acres
Price / SF$286.25
Days on Market18
Property Features for 309 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Vinyl, Brick, Stucco/Drivit
- Standard status
- Active
- Size
- 800 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LOT 2 & E 1/2 OF LOT 3 BLK 4 VILLAGE OF PARADISE.
- Tax Annual Amount
- 1356
Building Details
- Building materials
- Block, Frame
- Roof type
- Asphalt
Listing Agency
REMAX Bayshore - West Shore Dr TC
(231) 941-4500
12930 S West Bay Shore Dr, Traverse City, MI
Listed by
Jeremy Fenske
(906) 231-9017
Added: Jul 1 Checked: Jul 18 at 5:06 am
MLS# 1947450
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use live-work/office property includes an existing building with a flexible layout, offering possibilities for a business with second-floor living, an income-producing investment, or a creative live-work configuration. The property is situated on a compact site.
The site has approximately 75 feet of frontage on M-113, with average daily traffic counts reported at more than 6,600 vehicles. It lies within the Kingsley DDA and backs up to Kingsley Creek and Kingsley Veterans Park. Kingsley Community Schools are listed as one block away.
The building’s versatility supports multiple ways to use the space, including combining commercial operations with second-floor residential living.
The site has approximately 75 feet of frontage on M-113, with average daily traffic counts reported at more than 6,600 vehicles. It lies within the Kingsley DDA and backs up to Kingsley Creek and Kingsley Veterans Park. Kingsley Community Schools are listed as one block away.
The building’s versatility supports multiple ways to use the space, including combining commercial operations with second-floor residential living.
Key Highlights
- 75 ft frontage on M‑113 with average daily traffic counts over 6,600 vehicles
- Mixed‑use building located within the Kingsley DDA (Downtown Development Authority)
- Exterior materials include vinyl, brick, and stucco/DRIVIT
Local Financial Insights For Office B
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 | $13.4k | $16.80 |
| − Vacancy | −$2.0k | −$2.52 |
| EGI | $11.4k | $14.28 |
| − OpEx | −$2.9k | −$3.57 |
| NOI | $8.6k | $10.71 |
800 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$122.4K
$107.1K – $142.8K
NOI $8,568 @ 7.0% cap · market cap 3.74%
Second Best
Mixed Use
$97.5K
$85.3K – $113.8K
NOI $6,825 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paradise Tattoo Studio
Tattoo & Piercing Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Mixed-use building with about 75 feet of frontage on M-113 and average daily traffic over 6,600 vehicles.
Where is this live-work space located?
The property is located at 309 W Main Street Kingsley, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 75 ft frontage on M‑113 with average daily traffic counts over 6,600 vehicles; Mixed‑use building located within the Kingsley DDA (Downtown Development Authority); Exterior materials include vinyl, brick, and stucco/DRIVIT
