Two-Story Retail and Service
1101 West Breen Avenue Kingsford, MI 49802
For Sale
$1,100,000
Historic two-story commercial building with concrete floors, delivery area, and showroom space on a lot with 125-foot frontage.
Property Size6,456 SF
Lot Size0.29 Acres
Price / SF$170.38
Days on Market343
Property Features for 1101 West Breen Avenue
General Information
- Standard status
- Active
- Size
- 6,456 SF
- Lot size
- 0.29 Acres
Listing Agency:
GREAT LAKES & LAND OF MARQUETTE, INC.
(906) 396-7758
Listed By:
PATRICK MURRA
(906) 396-7758
Source:
Exprealty
Added: Aug 15, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GREAT LAKES & LAND OF MARQUETTE, INC.
Investment Insights
Based on property information with market context.
This two-story commercial building, built in 1928, offers approximately 6,456 square feet of versatile business space on a 0.29-acre lot with 125 feet of frontage. The property features concrete flooring, natural gas heating with forced air, and 220-volt electrical power. Interior amenities include a delivery door and area, private restrooms, showroom space, and basement storage.
The building is currently used as an industrial supply business and has historically served foundries and paper mills, with products including furnaces, air conditioning systems, mining supplies, and related equipment. Public utilities are connected, including public water, sewer, natural gas, electricity, cable internet, and telephone, supporting ready-to-operate functionality.
Business and real estate inventory are included, making the property a turnkey option for a buyer looking to take over an established operation and use the existing layout for retail, service, or light industrial activity with space to expand within the same building.
The building is currently used as an industrial supply business and has historically served foundries and paper mills, with products including furnaces, air conditioning systems, mining supplies, and related equipment. Public utilities are connected, including public water, sewer, natural gas, electricity, cable internet, and telephone, supporting ready-to-operate functionality.
Business and real estate inventory are included, making the property a turnkey option for a buyer looking to take over an established operation and use the existing layout for retail, service, or light industrial activity with space to expand within the same building.
Key Highlights
- 6,456 SF two‑story historic commercial building on a 0.29‑acre lot
- 125‑foot frontage on West Breen Avenue in Kingsford
- Concrete floors, delivery door and delivery area, plus showroom space
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.0k | $14.40 |
| − Vacancy | −$9.8k | −$1.51 |
| EGI | $83.2k | $12.89 |
| − OpEx | −$25.0k | −$3.87 |
| NOI | $58.2k | $9.02 |
6,456 SF · lease $14.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$832.0K
$728.0K – $970.7K
NOI $58,243 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,128 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Showrooms
FAQs
What type of property is this?
Showroom - Historic two-story commercial building with concrete floors, delivery area, and showroom space on a lot with 125-foot frontage.
Where is this showroom located?
The property is located at 1101 West Breen Avenue Kingsford, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 6,456 SF two‑story historic commercial building on a 0.29‑acre lot; 125‑foot frontage on West Breen Avenue in Kingsford; Concrete floors, delivery door and delivery area, plus showroom space
