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Turnkey Downtown Brick Office
For Sale
$239,900

312 W Elm Street, Cheboygan, MI 49721

COMMERCIAL - Cheboygan, MI

Property Size1,953 SF
Lot Size0.16 Acres
Price / SF$122.84
Days on Market39

Property Features for 312 W Elm Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision T38N, R1W
Directions Corner of W Elm Street and N Huron Street
Standard status Active
APN 054-H20-000-023-02
Size 1,953 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, LOT 23 *EXC: E 25FT. **AND** PT OF LOT 24, DESC AS: BEG SW COR OF LOT 24; TH N 12D E 23.5FT; TH S 76D 43M E 99.47FT; TH S 12D 33M W 22.5FT; TH N 77D 19M W 99.25FT TO POB. (SEC 31,T38N,R1W) COMBINED ON 02/15/2013 FROM 054-H20-000-022-01 & 054-H20-000-024-00 943/419;984/480;984/481;984/499;1472/28
Legal Description M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, LOT 23 *EXC: E 25FT. **AND** PT OF LOT 24, DESC AS: BEG SW COR OF LOT 24; TH N 12D E 23.5FT; TH S 76D 43M E 99.47FT; TH S 12D 33M W 22.5FT; TH N 77D 19M W 99.25FT TO POB. (SEC 31,T38N,R1W) COMBINED ON 02/15/2013 FROM 054-H20-000-022-01 & 054-H20-000-024-00 943/419;984/480;984/481;984/499;1472/28

Utilities

Sewer type Public Sewer

Amenities

offices
conference room
restroom with shower
half bath
storage areas
flexible work areas
side delivery access

Building Details

Building materials Brick
Listing Agency: COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
Listed By: Missy Koszegi · License #6506045140
Added: Jul 17 Changed: Aug 4 Last Checked: Aug 24 at 3:06PM
MLS# 201841524

Copyright © 2026 Water Wonderland Board 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.

Investment Insights

Based on property information with market context.

Turnkey brick commercial building on a high-visibility corner lot. The property is presented as immediately ready for occupancy and includes recent capital improvements such as a new forced air furnace, new shingles, a professionally resealed flat roof, a new water heater, and freshly sealed exterior brick. Inside, the layout features spacious offices, a conference room, a large restroom with a shower, a half bath, multiple flexible work areas, and ample storage.

A paved parking lot provides approximately 10 vehicle spaces, and there is side delivery access for convenient loading or service operations.

Zoned commercial, the building’s configuration supports a variety of retail, professional office, or service-oriented uses based on tenant needs.

Key Highlights

  • 1,953 SF brick commercial building on a high‑visibility downtown Cheboygan corner lot
  • Recent capital improvements: new forced air furnace, new shingles, resealed flat roof, new water heater, freshly sealed exterior brick
  • Flexible interior layout with offices, conference room, large restroom with shower, and half bath plus storage and work areas

Property Analytics

Current Use

Williams Office Equipment Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turnkey brick building on a high-visibility corner lot with multiple offices, conference room, and on-site parking.
Where is this office units located?
The property is located at 312 W Elm Street Cheboygan, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,953 SF brick commercial building on a high‑visibility downtown Cheboygan corner lot; Recent capital improvements: new forced air furnace, new shingles, resealed flat roof, new water heater, freshly sealed exterior brick; Flexible interior layout with offices, conference room, large restroom with shower, and half bath plus storage and work areas
More about this property
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