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    6819 M-37 Kingsley, MI 49649

    Sponsored
    For Sale
    $98,900

    1250 sq ft unfinished unit, great potential!

    Property size:
    1,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1250-square-foot mixed-use commercial unit is ideally situated at 6819 S M-37 Unit 65, Kingsley, MI, just a short five-minute drive south of Chums Corner. Part of the Mayfield Condo Barns community, this property boasts high-quality construction and offers significant potential for various business ventures. Currently unfinished, the unit features 16-foot sidewalls and a 50-foot depth, providing ample space for customization. As it stands, the unit includes 100-amp electrical service, 14x14 overhead doors, a 5-foot concrete approach, a shingled roof, a dedicated service entrance, and 4-inch reinforced concrete floors. The property is easily accessible via paved roadways directly off M-37. While currently unheated and uninsulated, upgrades are possible to include mini-split heating and cooling, insulated overhead doors and walls, and steel-lined interior walls. A comparable upgraded, insulated, and heated unit of this size is priced at $123,900. This presents a unique opportunity to acquire a versatile commercial space at a significantly lower price point, allowing for future improvements tailored to specific business needs. The property is listed at $98,900.

    Property Features for 6819 M-37

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,250 SF

    Building Details

    Year Built
    2023
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Kingsley
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.65249
    Latitude
    44.58768

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    FAQs

    What type of property is this?
    Mixed-use property - 1250 sq ft unfinished unit, great potential!
    Where is this mixed-use property located?
    The property is located at 6819 M-37 Kingsley, MI.
    What is the asking price?
    The asking price for this property is $98,900.
    Request Owner's contact information
    6819 M-37 Kingsley, MI 49649
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    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
    6819 M-37 Kingsley, MI 49649
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