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    5384 Commerce Blvd Indian River, MI 49749

    For Sale
    $229,900

    COMMERCIAL - Indian River, MI

    Property size:
    1,475 SF
    Days on Market:
    98
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 5384 Commerce Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    L Ind
    APN
    162-030-300-001-17 parent
    Parking features
    Assigned, Parking Lot
    Size
    1,475 SF

    Utilities

    Water source
    Well

    Building Details

    Building materials
    Steel Siding, Block

    Coldwell Banker Schmidt Indian River

    Listing agent Billy Andrew (231) 238-9336

    Listing date Sep 8, 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

    New Luxury Storage and Workspace

    This brand new 24' x 60' luxury unit offers upscale storage and workspace. Designed with modern architecture, each unit includes a spacious 24' x 15' mezzanine suitable for an office, personal lounge, or private storage. The main level features a half bath, rinse tub, and cold water spigot. Efficient heating ensures year-round comfort. An oversized 16' x 16' garage door with a Liftmaster opener accommodates boats, RVs, and other equipment. Zoned light industrial (L Ind), this versatile 1475 square feet space is suitable for a range of commercial or personal uses. The property is located minutes from downtown Indian River and the shores of Mullett and Burt Lake, in Cheboygan County. It is located at 5384 Commerce Boulevard, Indian River, MI 49749.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Hotel & Motel Storage Facility Laundry Service Laundromat

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian River
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.596617
    Latitude
    45.39541

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    FAQs

    What type of property is this?
    Self storage facility - Upscale storage/workspace with mezzanine, bath, and oversized garage door.
    Where is this self storage facility located?
    The property is located at 5384 Commerce Blvd Indian River, MI.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Spacious 24' x 60' luxury unit with modern architecture.; - Large 24' x 15' mezzanine suitable for office, lounge, or storage.; - Oversized 16' x 16' garage door with Liftmaster opener, ideal for boats/RVs.
    (231) 238-9336
    Request Owner's contact information
    5384 Commerce Blvd Indian River, MI 49749
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    Indian River, MI 49749
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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
    5384 Commerce Blvd Indian River, MI 49749
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