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    903 Main St Frankfort, MI 49635

    For Sale
    $1,100,000

    Retail Store - Frankfort, MI

    Property size:
    700 SF
    Lot size:
    0.57 Acres
    Days on Market:
    198
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 903 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Office,Retail,Commercial
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Basement Y/N
    1
    Size
    700 SF
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1950
    Roof type
    Membrane
    Architectural style
    Other

    Stapleton Realty (231) 326-4000 [email protected]

    Listing agent Christine Stapleton (231) 326-4000

    Listing date May 30, 2025

    MLS# 1934459 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frankfort Mixed-Use Commercial Land

    Located in the waterfront City of Frankfort in Benzie County, this property presents a rare opportunity for investors, developers, and entrepreneurs. The site consists of four lots zoned for mixed-use commercial development, accommodating retail, condo/hotel, restaurant/winery/brewery, office, and other ventures. The location allows for construction of up to three stories on the east end of Main Street, potentially offering views of Betsie Bay. Situated in a busy downtown area, the property benefits from its location within a popular vacation destination and a growing year-round community. The area is known for its beaches, pier, waterside parks and marinas, a thriving arts scene, a theatre, a brewery, and a diverse selection of dining and shopping options. The property includes 0.57 acres and a 700 square feet living area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frankfort Tackle Box Fishing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Benzie
    State
    Michigan
    Longitude
    -86.230516
    Latitude
    44.632669

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    FAQs

    What type of property is this?
    Retail space - Four lots in a popular vacation destination.
    Where is this retail space located?
    The property is located at 903 Main St Frankfort, MI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Four lots zoned for mixed-use commercial development.; - Prime location in downtown Frankfort, a popular vacation destination.; - Potential view of Betsie Bay.
    (231) 326-4000
    Request Owner's contact information
    903 Main St Frankfort, MI 49635
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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
    903 Main St Frankfort, MI 49635
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