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Two-Building Industrial Flex Facility
For Sale
$675,000

399 Myrton M Riggs Drive, Cheboygan, MI 49721

COMMERCIAL - Cheboygan, MI

Property Size13,000 SF
Lot Size9.84 Acres
Price / SF$51.92
Days on Market516

Property Features for 399 Myrton M Riggs Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Light Industria
Subdivision T38N R2W
Directions From Main St in Cheboygan take State St to Myrton M Riggs Dr then right. Property is 450' down on the left.
Standard status Active
APN 053-025-403-003-06
Size 13,000 SF
Lot size 9.84 Acres

Taxes and HOA fees

Tax Description PAR B: PT OF SW1/4 OF SE1/4, SEC 25, T38N, R2W, DESC AS: COM S 1/4 COR OF SD SEC; TH S 89D 10M 05S E ALG S LI OF SD SEC 1311.13FT TO S-SE 1/16 COR OF SD SEC; TH N 00D 07M 07S E ALG E N-S 1/16 LI AS MONUMENTED 1309.16FT (PREVIOUSLY RECD AS N 00D 04M 10S E
Legal Description PAR B: PT OF SW1/4 OF SE1/4, SEC 25, T38N, R2W, DESC AS: COM S 1/4 COR OF SD SEC; TH S 89D 10M 05S E ALG S LI OF SD SEC 1311.13FT TO S-SE 1/16 COR OF SD SEC; TH N 00D 07M 07S E ALG E N-S 1/16 LI AS MONUMENTED 1309.16FT (PREVIOUSLY RECD AS N 00D 04M 10S E

Utilities

Sewer type Public Sewer

Building Details

Building materials Steel Siding
Listing Agency: Pure Michigan Property
Listed By: Mark Mleczewski · License #6504299281
Added: Mar 25, 2025 Changed: Aug 4 Last Checked: Aug 22 at 10:06PM
MLS# 201834022

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.

This for-sale industrial flex facility consists of two newly constructed, fully insulated buildings designed for a build-to-suit configuration. The larger building is 10,000 sq ft, and the second building is 3,000 sq ft, for a total of 13,000 sq ft. Both structures include entry and overhead doors, and the site was originally blueprinted for a grow facility with an adjacent warehouse, but the buildings have never been used.

Located at 399 Myrton M Riggs Drive in Cheboygan’s Industrial Park, the property sits in an Opportunity Zone. The property is zoned Light Industria (light industrial) and is set on just under 10 acres, providing room for future expansion.

Engineered Olympia Steel Industrial structures are used throughout, built to handle Northern Michigan’s heavy snow loads. With no existing walls or industrial racks to remove, the space is ready to be finished to your specifications. Seller financing is available to qualified buyers.

Key Highlights

  • Two brand‑new industrial buildings totaling 13,000 sq ft on just under 10 acres
  • Buildings include 10,000 sq ft plus a 3,000 sq ft second building
  • Fully insulated Olympia Steel Industrial structures with entry doors and overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Building Supply Hotel & Motel Bar & Pub

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

71
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two newly built, fully insulated industrial structures with entry and overhead doors offer a blank-canvas layout.
Where is this flex space located?
The property is located at 399 Myrton M Riggs Drive Cheboygan, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two brand‑new industrial buildings totaling 13,000 sq ft on just under 10 acres; Buildings include 10,000 sq ft plus a 3,000 sq ft second building; Fully insulated Olympia Steel Industrial structures with entry doors and overhead doors
More about this property
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