3765 & 3769 S US 31 Highway, Brutus, MI 49716
Commercial/Industrial - Brutus, MI
- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 5:06 pm
Property Features for 3765 & 3769 S US 31 Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- FF-1 & B-2
- Rooms
- Basement
- Interior features
- Refrigerator, Off-Street Parking, Air-Conditioning
- Basement Y/N
- 1
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 09-14-22-400-011 ans 022
- Size
- 10,800 SF
- Lot size
- 24.00 Acres
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 1
- Roof type
- Metal
- Architectural style
- Other
Listing agent Kevin Olson (231) 526-6251
Listing office Graham Real Estate 198 E MAIN ST., Harbor Springs, MI (231) 526-6251
Listing date Jun 18, 2026
Copyright © 2026 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.
HighLights
- 10,000+ SF building with two offices and a restroom, plus basement
- Approximately 24 acres split across two parcels with separate zoning: front 15 acres B‑2 and rear 9 acres FF‑1
- 480‑volt 3‑phase electrical service already in place
- Artesian well with updated system, including new pumps and mechanical components
- Metal roof and electric heating
- Includes additional 1,200 SF of covered storage on the backside of the building
Overview
The property sits on approximately 24 acres and is configured as two separately zoned parcels. The front acreage is zoned B-2, while the rear acreage is zoned FF-1, giving an operator or owner flexibility to align site use with the applicable zoning for each portion of the land.
Power and utilities are positioned for a wide range of commercial applications. The property has 480-volt, three-phase electrical service already in place. Water is supplied by an artesian well, and the system has recently been updated with new pumps and mechanical components, helping reduce the need for near-term upgrades related to water service.
Local Financial Insights For Warehouse
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 | $216.4k | $20.04 |
| − Vacancy | −$15.2k | −$1.40 |
| EGI | $201.3k | $18.64 |
| − OpEx | −$30.2k | −$2.80 |
| NOI | $171.1k | $15.84 |
Alternative Uses
Current Use by Public Records
Map
- City
- Brutus
- County
- Emmet
- State
- Michigan
- Longitude
- -84.7417
- Latitude
- 45.5115
