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    Newaygo Rd Casnovia, MI 49318

    Sponsored
    For Sale
    $824,900

    Established Business, Large Home, 3.67 Acres

    Property size:
    8,184 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 8,184 square foot property located on M-37 in Casnovia, Michigan presents a unique investment opportunity. Situated on a 3.67-acre lot, the property boasts an established business currently operating with diverse revenue streams including used goods sales, vehicle sales (cars, trucks, trailers, boats, and motorhomes), and wrecker/car hauling services. The business is ready to continue operations, offering immediate income potential. The property's prime location on M-37, between Grant and Newaygo, just north of Apple Road, provides excellent visibility and accessibility. Its proximity to Hardy and Croton Dams, known for state hunting, fishing, and resort areas, further enhances its appeal. The property includes a substantial home and garage situated behind the commercial portion, offering ample space for family living and potential for additional rental income. The quiet, natural setting provides a peaceful environment. The asking price of $824,900 includes all existing inventory and the operational business, presenting a turnkey opportunity for immediate profit and future expansion. The property is in excellent condition and offers significant potential for growth and diversification. Short notice showings are available seven days a week.

    Property Features for Newaygo Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,184 SF
    Lot Size
    159,865 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casnovia
    County
    Muskegon
    State
    Michigan
    Longitude
    -85.81258
    Latitude
    43.25357

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    Nearby Similar for Sale

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      Casnovia Commercial Opportunity on M-37

      Commercial property with business, home, and potential rental income.
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      Casnovia Business Opportunity: Prime M-37 Location

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Large Home, 3.67 Acres
    Where is this commercial real estate located?
    The property is located at Newaygo Rd Casnovia, MI.
    What is the asking price?
    The asking price for this property is $824,900.
    (269) 945-3550
    Request Owner's contact information
    Newaygo Rd Casnovia, MI 49318
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    Casnovia, MI 49318
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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
    Newaygo Rd Casnovia, MI 49318
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