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Flex Building with Overhead Doors
For Sale
$175,000

1132 W Lake Street, Tawas City, MI 48763

Insulated commercial space with office, half bath, and a paved circular drive.

Property SizeContact for details
Days on Market519

Property Features for 1132 W Lake Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Clear Height 12 ft

Taxes and HOA fees

Annual Taxes $1,709

Building Details

Year Built 1985
Listing Agency: STERLING PROPERTIES
Listed By: CYNDI BLUST
Source: Exitrealty
Added: Mar 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:41PM

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 STERLING PROPERTIES

Investment Insights

Based on property information with market context.

This flex property is a 40x30x12 commercial building with an insulated, drywalled interior suited to a range of business operations. The layout includes an office area and half bath, along with front and rear entry doors. Two 10x10 ft overhead doors support access for equipment, vehicles, or material handling.

Located on US-23 beside the New Dollar General, the property offers a paved circle drive for vehicle circulation. A new Natural Gas heating system was installed in 2024. The building was constructed in 1985 and is identified as the operating location for Tawas Canvas; the offering covers the property and building only.

Key Highlights

  • 40x30x12 commercial building constructed in 1985
  • Two 10x10 ft overhead doors
  • New Natural Gas heating system installed in 2024

Property Analytics

Current Use

Tawas Canvas (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Storage Facility Furniture & Home Goods Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48763, MI

4,949
Population
3,007
Households
1.6
Avg Household Size
53
Median Age
22%
College-Educated
90%
High-School Grad
88.9 sq mi
ZIP Area
56
Density / Sq Mi
$58,160
Median Household Income
$38,624
Median Earnings
$851
Median Rent
$154,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Insulated commercial space with office, half bath, and a paved circular drive.
Where is this flex space located?
The property is located at 1132 W Lake Street Tawas City, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 40x30x12 commercial building constructed in 1985; Two 10x10 ft overhead doors; New Natural Gas heating system installed in 2024
More about this property
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