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

    10783 Us-131 Mancelona, MI 49659

    Sponsored
    For Sale
    $164,900

    Spacious industrial building, 4.46 acres, US-131 frontage.

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 1,500 square foot industrial property is strategically located just south of Mancelona, Michigan, on highly visible US-131, ensuring maximum exposure for your business. The building boasts a substantial 30' x 50' footprint, featuring a 14'+ ceiling height and a large 13' x 12' overhead door with a clearance of 13'+, ideal for accommodating large equipment and vehicles. Power is provided by a robust 225 amp breaker panel. The property sits on a generous 4.46-acre lot, offering ample space for expansion or outdoor operations. A 5" well is also on the property. Previously utilized as a mechanic shop servicing large equipment, including semi-trucks and oilfield rigs, this versatile space presents numerous possibilities for a variety of industrial uses. The perimeter of the property appears to be marked with pipe. The building's year of construction is estimated. The seller is open to considering a land contract for qualified buyers, requiring a minimum 25% down payment (approximately $45,000 or more), a 15-year term, and a 7% interest rate. This presents a unique opportunity to acquire a well-situated industrial property at an attractive price.

    Property Features for 10783 Us-131

    General Information

    Property type
    Industrial properties
    Square Feet
    1,500 SF
    Lot Size
    194,278 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Mancelona
    County
    Antrim
    State
    Michigan
    Longitude
    -85.08333
    Latitude
    44.876

    Nearby Comparable

    • $799,888

      Mancelona Licensed Outdoor Grow Site

      114.60 acres suitable for licensed outdoor grow operation.
      Nec Scholl & Satterly Lk Rds, Mancelona, MI
      View Details
    • Contact for pricing
      2.50 Acres

      Mancelona Wooded Building Lot

      2.5-acre wooded lot near downtown Mancelona, with utilities available.
      0001 Cedar River Rd, Mancelona, MI 49659
      View Details
    • $149,000

      Commercial Land with US-131 Frontage

      Commercial property with high traffic US-131 frontage.
      202 N Williams St, Mancelona, MI 49659
      View Details
    • $42,500
      10.00 Acres

      Mancelona Vacant Land Opportunity

      10 acre vacant land parcel in Mancelona, Michigan.
      Mancelona, MI 49646
      View Details
    • $240,000
      10.13 Acres

      Recreational Land with Private Trails

      10+ acres with trails, pole barn, and hunting amenities.
      W Elder Rd, Mancelona, MI 49659
      View Details
    • $365,000

      Large Pole Building on Acreage

      Spacious building on 4 acres, suitable for commercial or private use.
      2641 NE Plum Valley Rd, Mancelona, MI 49659
      View Details

    Nearby Similar for Sale

    • $328,500
      1,380 SF

      Party Store, Gas Station, RV Sites

      Thriving business opportunity with store, gas, and RV rentals.
      11380 NE Starvation Lake Rd, Mancelona, MI 49659
      View Details
    • $299,000
      6,400 SF

      Mancelona Warehouse with Truck Well

      6,400 SF warehouse on 3.22 acres with commercial zoning.
      1680 NE Plum Valley Rd, Mancelona, MI 49659
      View Details
    • $389,000
      1,559 SF

      Furnished Condo with Mountain Views

      Three-bedroom condo in Shanty Creek's Schuss Village with resort amenities.
      6658 Schuss Mountain Ln, Mancelona, MI 49659
      View Details
    • $365,000

      Large Pole Building on Acreage

      11,500 SF pole building on 4 acres.
      2641 NE Plum Vly Dr, Mancelona, MI 49659
      View Details
    • $365,000
      1,380 SF

      Thriving Mancelona Business w/ RV Sites

      Gas Station, Party Store, RV Hookups - High Potential!
      11380 Starvation Lake Rd, Mancelona, MI 49659
      View Details
    • $995,000
      2,036 SF

      but should be verified. Dimensions

      & acreage were estimated. Don't miss the video tour.""""}"""
      2927 Mancelona Rd, Mancelona, MI 49659
      View Details
    • $385,000
      6,400 SF

      Mancelona Industrial Flex Space

      6,400 SF Flex Space - $385K
      1680 Plum Valley Rd, Mancelona, MI 49659
      View Details
    • $385,000
      6,400 SF

      Mancelona Industrial Facility - 6400 sqft

      Spacious industrial building on 3.22 acres.
      1680 Plum Valley Rd, Mancelona, MI 49659
      View Details
    • $34,900
      2.12 Acres

      131 011-002-004-10, Mancelona, MI 49659

      Commercial real estate • 2.12 Acres
      131 011-002-004-10, Mancelona, MI 49659
      View Details

    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, 4.46 acres, US-131 frontage.
    Where is this industrial property located?
    The property is located at 10783 Us-131 Mancelona, MI.
    What is the asking price?
    The asking price for this property is $164,900.
    (231) 258-8046
    Request Owner's contact information
    10783 Us-131 Mancelona, MI 49659
    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.
    10783 Us-131
    Mancelona, MI 49659
    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
    10783 Us-131 Mancelona, MI 49659
    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.