Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12975 Straits Hwy Wolverine, MI 49799

    For Sale
    $75,000

    Prime location, versatile space, great opportunity.

    Property size:
    350 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 12975 S Straits Highway in Wolverine, Michigan, presents a unique investment opportunity. The 350-square-foot building enjoys a highly visible position on Main Street, benefiting from significant traffic flow and convenient access to I75. This strategic location ensures maximum exposure for any business. The property's versatility makes it suitable for a wide range of commercial uses, including but not limited to a coffee shop, hair salon, boutique, or office space. The small-town charm of Wolverine, combined with its proximity to outdoor recreational opportunities, creates a desirable environment for both businesses and their clientele. The Sturgeon River, a nearby natural attraction, draws both local residents and tourists, further enhancing the property's appeal and potential customer base. The asking price for this well-situated commercial property is $75,000. This represents a compelling opportunity to establish or expand a business in a thriving community with strong potential for growth. The property is offered as-is. Serious inquiries are encouraged.

    Property Features for 12975 Straits Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    350 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Auto Repair Shop Food Market Grocery Store Bar & Pub Garden Center Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wolverine
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.60352
    Latitude
    45.27336

    Nearby Comparable

    • $115,000
      1,328 SF

      Historic Home in Wolverine Village

      Charming 3-bedroom home near Rails to Trails and Sturgeon River.
      12818 S Straits Hwy, Wolverine, MI 49799
      View Details
    • $599,000
      0.60 Acres

      Updated Commercial Building in Wolverine

      Five-unit commercial building with rental income potential in downtown Wolverine.
      12909 S Straits Hwy, Wolverine, MI 49799
      View Details
    • $295,000
      20 SF

      Wolverine Commercial Land & Building

      23 Acres, Riverfront, Huge Building Potential
      13957 Straits Hwy, Wolverine, MI 49799
      View Details

    Nearby Similar for Sale

    • $599,000
      0.60 Acres

      Updated Commercial Building in Wolverine

      Five-unit commercial building with rental income potential in downtown Wolverine.
      12909 S Straits Hwy, Wolverine, MI 49799
      View Details
    • $115,000
      1,328 SF

      Historic Home in Wolverine Village

      Charming 3-bedroom home near Rails to Trails and Sturgeon River.
      12818 S Straits Hwy, Wolverine, MI 49799
      View Details
    • $295,000
      20 SF

      Wolverine Commercial Land & Building

      23 Acres, Riverfront, Huge Building Potential
      13957 Straits Hwy, Wolverine, MI 49799
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile space, great opportunity.
    Where is this commercial real estate located?
    The property is located at 12975 Straits Hwy Wolverine, MI.
    What is the asking price?
    The asking price for this property is $75,000.
    (231) 238-7400
    Request Owner's contact information
    12975 Straits Hwy Wolverine, MI 49799
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12975 Straits Hwy
    Wolverine, MI 49799
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12975 Straits Hwy Wolverine, MI 49799
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.