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    216 S Main St Cheboygan, MI 49721

    For Sale
    $250,000

    High-visibility property with retail/office space and residential potential.

    Property size:
    3,500 SF

    Property Features for 216 S Main St

    General Information

    Size
    3,500 SF

    Source: Missy Koszegi Agent Missy Koszegi

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

    Overview

    Downtown Cheboygan Mixed-Use Property

    Located in downtown Cheboygan, this mixed-use property offers approximately 3,500 square feet of space across two levels. Zoned B3 and situated within the DDA District, the property benefits from high visibility. The upper level features hardwood floors and includes a kitchen and bath, making it suitable for conversion into a studio apartment, loft, or event space. The main level is designed for retail or office use. Each level is equipped with separate heating and cooling systems, providing efficiency and flexibility. An easement to Huron Street adds convenient access to the property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dawn Barr's Sewing Clothing Alteration Service Gildner Art Gallery Art Gallery The Coop Floral Shop Florist Ottawa Art Park Artist Vixen Galore Studios Photographer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.491402
    Latitude
    45.64076

    Nearby Similar for Sale

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      Updated Commercial Building in Cheboygan

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      Versatile Commercial Building in Cheboygan

      Large commercial building with office, storage, and garage space.
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    • $198,000
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      Commercial building with established coffee shop and apartment in Cheboygan.
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      Cheboygan Office Building For Sale

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility property with retail/office space and residential potential.
    Where is this mixed-use property located?
    The property is located at 216 S Main St Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime downtown Cheboygan location with high visibility.; - Zoned B3 and located within the DDA District, offering endless potential.; - Approximately 3,500 square feet with two levels.
    (231) 420-4464
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    216 S Main St Cheboygan, MI 49721
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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
    216 S Main St Cheboygan, MI 49721
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