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    9821 Us 31 Ellsworth, MI 49729

    For Sale
    $499,000

    Commercial/Industrial - Ellsworth, MI

    Property size:
    11,458 SF
    Lot size:
    7.50 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 9821 Us 31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    05-01-113-005-25
    Interior features
    Refrigerator, Air-Conditioning, Security Fence, Ample Parking
    Appliances
    Refrigerator
    Size
    11,458 SF
    Lot size
    7.50 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1997
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Other

    Real Estate One - Charlevoix (231) 547-5100 [email protected]

    Listing agent Tom Schultz (231) 547-5100

    Listing date May 19, 2025

    MLS# 475728 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Commercial Property on US 31

    This commercial property in Ellsworth, MI, offers a versatile space suitable for various business ventures. The property includes 3,400 square feet of commercial space, an 1,800 square feet heated workshop, and over 4,300 square feet of dry storage. A 1,400 square feet retail rental space provides additional income potential. The property is situated on 7.5 acres and has traffic exposure on US Hwy 31. The property is zoned Village Mixed Use. It is suited for expansion, development, or maximizing its current use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Ellsworth
    County
    Antrim
    State
    Michigan
    Longitude
    -85.276
    Latitude
    45.1579

    Nearby Similar for Sale

    • $329,000
      43.11 Acres

      Ellsworth Industrial Land - 43 Acres

      Prime Industrial Land, Excellent Location
      11312 Ellsworth Rd, Ellsworth, MI 49729
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property with retail space, workshop, and storage on 7.5 acres.
    Where is this retail space located?
    The property is located at 9821 Us 31 Ellsworth, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - High traffic exposure on US Hwy 31.; - 3,400 sq ft of commercial space.; - 4,300+ sq ft of dry storage.
    (231) 547-5100
    Request Owner's contact information
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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
    9821 Us 31 Ellsworth, MI 49729
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