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    1098 M 37 Baldwin, MI 49304

    For Sale
    $110,000

    Versatile 3000 sq ft building on 1 acre

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3,000 square foot industrial property, situated on a 1.08-acre lot in Baldwin, Michigan, presents a remarkable investment opportunity. Located directly across from Wolfe Lake, this high-traffic location boasts daily visibility and benefits from proximity to popular recreational trails. The building itself offers incredible versatility, suitable for a wide range of commercial uses. Imagine a thriving restaurant, a bustling commercial kitchen, a cozy coffee shop, a convenient laundromat, or even a modern retail space. Alternatively, the property's layout could be easily adapted for office use or even converted into a transient motel. The existing structure includes two air conditioning units, a recently installed furnace, and two bathrooms. A significant asset is the large, commercial-style kitchen, already in place and complemented by an office space and an additional bathroom currently under development. The seller is open to reasonable credit towards property upgrades, making this an even more attractive proposition. This multi-functional gem offers endless possibilities for a successful business venture in a vibrant and scenic community. Don't miss this chance to secure a prime location with significant upside potential.

    Property Features for 1098 M 37

    General Information

    Property type
    Industrial properties
    Square Feet
    3,000 SF
    Lot Size
    47,045 SF

    Building Details

    Year Built
    1900
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Clothing Store Department Store Hotel & Motel Storage Facility Women's Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin
    County
    Lake
    State
    Michigan
    Longitude
    -85.83672
    Latitude
    44.004

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    FAQs

    What type of property is this?
    Industrial property - Versatile 3000 sq ft building on 1 acre
    Where is this industrial property located?
    The property is located at 1098 M 37 Baldwin, MI.
    What is the asking price?
    The asking price for this property is $110,000.
    (231) 299-1180
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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
    1098 M 37 Baldwin, MI 49304
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