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    166 W M 55 Tawas City, MI 48763

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    For Sale
    $259,000

    Remodeled property blending residential comfort with commercial potential near Lake.

    Property size:
    1,970 SF
    Lot size:
    0.92 Acres

    Property Features for 166 W M 55

    General Information

    Size
    1,970 SF
    Lot size
    0.92 Acres

    Source: CENTURY 21 Signature Realty Agent Kenneth M. Kujawa

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

    Overview

    Remodeled Mixed-Use Property Near Lake

    Located approximately one mile from Lake Huron along M-55 and near Tawas High School, the Ice Rink, local hospitals, and shopping centers, this extensively remodeled property combines residential and commercial possibilities. The interior features new flooring, kitchen appliances, solid surface counters, a new furnace and hot water heater, and fresh paint. The property includes 3 bedrooms, 2 full bathrooms, and bonus areas converted from a former two-car garage. It is suited for combined business and residential use. Additional features include ample parking, generous storage space, and a paved driveway. Situated on a cleared one-acre lot with a private rear setting, this property offers opportunities for personal living and professional endeavors. The property size is 1970 square feet.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tawas City
    County
    Iosco
    State
    Michigan
    Longitude
    -83.52912
    Latitude
    44.279854

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled property blending residential comfort with commercial potential near Lake.
    Where is this mixed-use property located?
    The property is located at 166 W M 55 Tawas City, MI.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Prime location: Close proximity to Lake Huron, Tawas High School, Ice Rink, hospitals, and shopping.; - Remodeled interior: Enjoy new flooring, kitchen appliances, solid surface counters, furnace, and hot water heater.; - Versatile space: 3 bedrooms, 2 full bathrooms, and bonus areas suitable for residential or commercial use.
    (989) 239-5581
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    Tawas City, MI 48763
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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
    166 W M 55 Tawas City, MI 48763
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