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    4205 M-113 Kingsley, MI 49649

    For Sale
    $400,000

    Shop, Mobile Home, & Pond - Great Income Potential!

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional Kingsley, MI property offers a unique blend of commercial and residential income potential. Situated on a desirable 2.88-acre lot with convenient highway frontage just east of Kingsley, this family-owned property includes a substantial 4,000-square-foot industrial shop building and a mobile home currently generating rental income. The shop boasts impressive 16-foot ceilings, a large 14-foot overhead door for easy access, efficient radiant heat for comfortable year-round use, and well-appointed office/work rooms to accommodate various business needs. Additional features include a dedicated shop restroom, a versatile mezzanine level offering extra storage or workspace, and recently upgraded energy-efficient LED lighting throughout. The mobile home is currently leased on a month-to-month basis, providing a consistent stream of rental income. Adding to the property's appeal is a picturesque pond stocked with bass, bluegill, and walleye, offering a tranquil setting and recreational opportunities. This property presents a rare opportunity to acquire a versatile commercial space with existing income streams and attractive outdoor amenities in a highly desirable location. The asking price is $400,000. This is an ideal investment for a business owner seeking a combination of workspace and rental income or an investor looking for a strong return on investment.

    Property Features for 4205 M-113

    General Information

    Property type
    Industrial properties
    Square Feet
    4,000 SF
    Lot Size
    125,453 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Kingsley
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.49265
    Latitude
    44.58497

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    FAQs

    What type of property is this?
    Industrial property - Shop, Mobile Home, & Pond - Great Income Potential!
    Where is this industrial property located?
    The property is located at 4205 M-113 Kingsley, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    (231) 946-4404
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    4205 M-113 Kingsley, MI 49649
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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
    4205 M-113 Kingsley, MI 49649
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