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    305 Elm St, Unit Kalkaska Kalkaska, MI 49646

    For Sale
    $259,900

    Unique commercial property with endless possibilities in a prime location.

    Property size:
    3 SF

    Property Features for 305 Elm St

    General Information

    Size
    3 SF

    Building Details

    Year built
    1992

    Source: Chad Anderson Agent Chad Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property in Kalkaska

    This commercial property was originally designed as a quadplex, offering various opportunities for investors or those looking to expand their real estate holdings. Its location provides convenient access to local amenities, parks, and schools. The property includes paved parking. The layout provides ample space that can be adapted to various needs, including a multi-unit rental, office space, or new business location. The property size is 3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sky Dance Studio Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalkaska
    County
    Kalkaska
    State
    Michigan
    Longitude
    -85.175492
    Latitude
    44.729024

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    FAQs

    What type of property is this?
    Mixed-use property - Unique commercial property with endless possibilities in a prime location.
    Where is this mixed-use property located?
    The property is located at 305 Elm St, Unit Kalkaska Kalkaska, MI.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Versatile commercial property suitable for multi-unit rental, office space, or new business location.; - Originally designed as a quadplex, offering significant investment potential.; - Prime location with convenient access to local amenities, parks, and schools.
    (231) 645-0965
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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
    305 Elm St, Unit Kalkaska Kalkaska, MI 49646
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