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    520 N Main St Cheboygan, MI 49721

    For Sale
    $649,500

    COMMERCIAL - Cheboygan, MI

    Property size:
    21,780 SF
    Days on Market:
    93
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 520 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-3
    APN
    053-C10-000-003-00
    Parking features
    Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Size
    21,780 SF

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Building materials
    Brick

    Berkshire Hathaway Homeservices Indian River (231) 238-7400

    Listing agent David P Carpenter (231) 290-6020

    Listing date Sep 10, 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

    Cheboygan Office Building Investment

    This 21,780 square foot office building presents a commercial investment opportunity. The property is currently 85% leased and offers high visibility. It features ample parking with 94 spaces, a loading ramp, conference rooms, and an elevator. The building provides views of the Straits of Mackinac and the Cheboygan River. Zoned B-3, General Business, by the City of Cheboygan, the property allows for a variety of commercial services, restaurants and taverns, governmental uses, hotels/motels, and other ancillary uses by special permit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donna L. Hansel ... Attorney Harbor Hall Outpatient ... Addiction Treatment Center A A Crisis Pregnancy Center Social Services Organization American Hospitality Management, ... Property Management Company Superior Tax Tax Preparation Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.472935
    Latitude
    45.648894

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    FAQs

    What type of property is this?
    Office building - 21,780 SF office building, 85% leased, great visibility.
    Where is this office building located?
    The property is located at 520 N Main St Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $649,500.
    What are key features of this property?
    This property features: - High occupancy rate: 85% leased, providing immediate rental income.; - Large office building: **21,780 square feet**, suitable for diverse tenants.; - Ample parking: **94 parking spaces** available, a significant advantage.
    (231) 290-6020
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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
    520 N Main St Cheboygan, MI 49721
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