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    Margaret St Whitmore Lake, MI 48189

    For Sale
    $150,000

    COMMERCIAL - Whitmore Lake, MI

    Lot size:
    0.38 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Margaret St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0205328001
    Lot size
    0.38 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Well

    Real Broker Ann Arbor (734) 677-6699

    Listing agent David Mueller (734) 944-0126

    Listing date Jun 16, 2025

    Copyright © 2025 Montcalm County Association 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

    Commercial Land in Whitmore Lake

    Two vacant commercial lots are available on Margaret Street near Main Street in Whitmore Lake. The parcels are situated across from Whitmore Lake in a walkable, well-traveled area. Zoned as Commercial, the location is suited for a business venture serving local residents and lake visitors, with potential for retail, service, or mixed-use development. One rectangular lot has 90 feet of frontage on Margaret Street and an area of 0.23 acres. The other flag-shaped lot has 163 feet of frontage on Margaret Street and an area of 0.15 acres. The combined area of both lots is 0.38 acres. The location offers strong visibility and is situated on a corner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Whitmore Lake
    County
    Livingston
    State
    Michigan
    Longitude
    -83.761831
    Latitude
    42.422096

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    FAQs

    What type of property is this?
    Commercial land - Two commercial lots in high-visibility Whitmore Lake location.
    Where is this commercial land located?
    The property is located at Margaret St Whitmore Lake, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime commercial location in the heart of Whitmore Lake, ideal for serving residents and lake visitors.; - High-visibility location on Margaret Street near Main Street.; - Zoned as Commercial, offering outstanding potential for retail, service, or mixed-use development.
    (734) 944-0126
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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

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    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
    Margaret St Whitmore Lake, MI 48189
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