Property summary
This meticulously remodeled 4,763 square foot commercial property in Munising, Michigan presents a unique business opportunity. The main building underwent a complete renovation, and a brand-new 2,600 square foot addition was completed in 2021. This prime location offers exceptional visibility from M-28, ensuring high traffic and customer exposure. The 0.23-acre lot provides ample space for various uses. The property's zoning allows for diverse commercial applications, including retail, restaurants, and hotel/motel/hostel uses. There's also potential for a mixed-use development, combining commercial space on the ground floor with residential apartments upstairs
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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