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    31 5600 Williamsburg, MI

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    For Sale
    $1,600,000

    Corner parcel with highway visibility, business included in sale.

    Property size:
    15,889 SF
    Lot size:
    1.10 Acres

    Property Features for 31 5600

    General Information

    Size
    15,889 SF
    Lot size
    1.10 Acres

    Source: Coldwell Banker Schmidt Realtors | Traverse City Agent Daniel Stiebel

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

    Overview

    Highway Visibility Corner Parcel

    This corner parcel, situated on US-31 and Cresthaven in Acme Township, offers significant highway visibility. The property features ingress and egress on both Cresthaven and US-31, and it is located across the street from East Bay Harbor Marina, providing views of the bay. Currently operating as an antique store, the sale includes the business, offering immediate income from booth space rentals. The existing building, with 4,233 square feet in the front section and 5,828 square feet in the warehouse area, also includes a second floor of 5,828 square feet. The property's size is 15,889 square feet. The building is suitable for various uses, including retail, restaurant, office, or warehouse space. Redevelopment into a multi-story building is also a possibility.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.4169211
    Latitude
    44.7775113

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    FAQs

    What type of property is this?
    Retail space - Corner parcel with highway visibility, business included in sale.
    Where is this retail space located?
    The property is located at 31 5600 Williamsburg, MI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High visibility corner parcel on US-31 with ingress/egress on both Cresthaven & US-31.; - Includes existing antique store business with booth space rentals for instant income.; - Incredible bay views across the street from East Bay Harbor Marina.
    (231) 633-0432
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    31 5600 Williamsburg, MI
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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
    31 5600 Williamsburg, MI
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