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    312 W Elm St Cheboygan, MI 49721

    For Sale
    $266,000

    SINGLE_FAMILY - Cheboygan, MI

    Type:Retail
    Property size:
    1,926 SF
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 312 W Elm St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial
    APN
    054-H20-000-023-02
    Size
    1,926 SF

    Utilities

    Sewer type
    Public Sewer, Septic Tank

    Building Details

    Building materials
    Brick

    Exit Realty Premier (231) 597-8000

    Listing agent Roger J Kopernik (231) 420-3805

    Listing date Sep 17, 2025

    Copyright © 2025 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.

    Overview

    Updated Commercial Building in Cheboygan

    This well-maintained brick commercial building, located on a busy downtown corner in Cheboygan, offers over 1900 square feet of space. Recent updates include new shingles in 2023, a flat roof resealed in 2024, a new boiler in 2023, exterior brick sealed in 2024, a new water heater in 2024, and new LED lighting throughout in 2023. The property features a parking lot accommodating 12 cars and a side delivery entrance. Inside, there is a large bathroom with a shower, a conference room, and two large offices. Note that the current business is not for sale and will be moving to a new location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Williams Office Equipment Computer Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.477922
    Latitude
    45.644381

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    FAQs

    What type of property is this?
    Retail property - Well-maintained commercial building with recent updates and parking.
    Where is this retail property located?
    The property is located at 312 W Elm St Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $266,000.
    What are key features of this property?
    This property features: - Well-maintained brick commercial building in a busy downtown corner location.; - Recent updates include new shingles (2023), resealed flat roof (2024), new boiler (2023), sealed exterior brick (2024), new water heater (2024), and new LED lighting (2023).; - Features a parking lot with space for 12 cars.
    (231) 420-3805
    Request Owner's contact information
    312 W Elm St Cheboygan, MI 49721
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    Cheboygan, MI 49721
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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
    312 W Elm St Cheboygan, MI 49721
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