Retail Property Near Lake Michigan

717 E Lakeshore Dr, Manistique, MI

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For Sale

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Freestanding retail property with excellent visibility and accessibility.

Type:INDUSTRIAL

Lot size:

3.93 Acres

HighLights

Upcoming Rental Bump in May 2025 | NOI Increases to $151,200
Excellent Visibility and Easily Accessible Along U.S. Route 2
NASDAQ: TSCO | S&P 500 Component | Tractor Supply Co. Operates Over 2,160 Stores in 49 States
Retrofit For TSC in 2020; Re‑Cored Roof, Full Interior Remodel; Parking Lot Resealed & Restriped
Border of Lake Michigan, One of the World's Largest Freshwater Lakes
Surrounded by National Retailers Including Big Boy, Dollar General, Hardee's, Subway and Many Others

We can help!

Listing Contact

Brandon Kassab

For Sale

Contact for pricing

Freestanding retail property with excellent visibility and accessibility.

Type:INDUSTRIAL

Lot size:

3.93 Acres

Added:: Jul 31, 2023
Days on Market:: 1051
Last Refresh:: May 20 at 9:30 pm

Property Features for 717 E Lakeshore Dr

General Information

Standard status: Active
Lot size: 3.93 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Brandon Kassab

Listing agent Brandon Kassab

Listing office Encore Real Estate Investment Services

Listing date Jul 31, 2023

Source Moodyscre

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 Encore Real Estate Investment Services

HighLights

Upcoming Rental Bump in May 2025 | NOI Increases to $151,200
Excellent Visibility and Easily Accessible Along U.S. Route 2
NASDAQ: TSCO | S&P 500 Component | Tractor Supply Co. Operates Over 2,160 Stores in 49 States
Retrofit For TSC in 2020; Re‑Cored Roof, Full Interior Remodel; Parking Lot Resealed & Restriped
Border of Lake Michigan, One of the World's Largest Freshwater Lakes
Surrounded by National Retailers Including Big Boy, Dollar General, Hardee's, Subway and Many Others

Overview

The property is located near Lake Michigan and offers excellent visibility and accessibility along U.S. Route 2. It is surrounded by national retailers, including Big Boy, Dollar General, Hardee's, and Subway. The property was retrofitted for TSC in 2020, including a re-cored roof and a full interior remodel. The parking lot was resealed and restriped. Tractor Supply Co. operates over 2,160 stores in 49 states and is a NASDAQ and S&P 500 component. There is an upcoming rental increase in May 2025, which will increase the NOI to $151,200.

Property Profile Location Intelligence

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Storefront properties

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Local Demand

City: Manistique
County: Schoolcraft
State: Michigan
Longitude: -86.2368
Latitude: 45.9472

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What type of property is this?

Storefront property - Freestanding retail property with excellent visibility and accessibility.

Where is this storefront property located?

The property is located at 717 E Lakeshore Dr Manistique, MI.

What is the asking price?

The asking price for this property is $2,304,000.

What are key features of this property?

This property features: Upcoming Rental Bump in May 2025 | **NOI Increases to $151,200**; Excellent Visibility and Easily Accessible Along U.S. Route 2; **NASDAQ: TSCO | S&P 500 Component** | Tractor Supply Co. Operates Over 2,160 Stores in 49 States

717 E Lakeshore Dr, Manistique, MI

Freestanding retail property with excellent visibility and accessibility.

Property Features for 717 E Lakeshore Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Manistique Commercial Building For Sale

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Established Flower Shop Opportunity

Historic Tavern Near Kitch-iti-kipi

Manistique Commercial Building with Apartments

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Manistique Commercial Building with Apartments

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