Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    211 E Huron Rd Au Gres, MI 48703

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,000

    Established winery with tasting room, equipment, and real estate.

    Lot size:
    0.01 Acres

    Property Features for 211 E Huron Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.01 Acres

    Building Details

    Year built
    1940

    We can help!

    Listing Contact
    John M Stanley
    John M Stanley
    Source: Elliman

    Listing Agency: ARENAC REALTY CO., PETE STANLEY & ASSOCIATES Listing Agent: John M Stanley

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

    Learn more

    Overview

    Turnkey Winery Business Opportunity

    An established winery business is available, offering potential for future expansion. The business includes equipment, licenses, and multiple buildings. A warehouse is used for wine production, office space, and storage. There is an additional storage area and an updated storefront that houses the tasting room and retail shop. The property is located on US-23 with high visibility. The listing includes an upstairs three-bedroom, one-bath apartment that could be used as living quarters or to offset expenses.
    Location Intelligence

    Current Use by Public Records

    Modern Craft Wine Brewery & Distillery Zanners Ice Cream ... Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Au Gres
    County
    Arenac
    State
    Michigan
    Longitude
    -83.692416
    Latitude
    44.047955

    Nearby Similar for Sale

    • Contact for pricing

      Harbortown Marina Dock for Sale

      Private condominium marina dock with direct access to Lake Huron.
      149 W Huron Rd, Au Gres, MI 48703
      View Details
    • $2,950,000
      12,772 SF

      Waterfront Marina & Campground Opportunity

      48-acre waterfront marina and campground with expansion potential.
      2325 Green Dr, Au Gres, MI 48703
      View Details
    • Contact for pricing
      0.01 Acres

      Northport Marina Boat Slip

      12'x25' boat slip with utilities and private beach access.
      N/A Michigan Ave, Au Gres, MI 48703
      View Details
    • Contact for pricing
      0.01 Acres

      Northport Marina Boat Slip

      12'x25' boat slip with utilities and Lake Huron access.
      N/A Michigan Ave, Au Gres, MI 48703
      View Details
    • $299,000
      7,620 SF

      Turnkey Winery with Retail & Apartment

      Established winery with tasting room, warehouse, and apartment for sale.
      211 E Huron Rd, Au Gres, MI 48703
      View Details
    • $172,000
      768 SF

      Established Ice Cream Shoppe For Sale

      Turnkey ice cream shop with a 51-year history.
      201 E Huron Rd, Au Gres, MI 48703
      View Details
    • Contact for pricing
      0.01 Acres

      Marina Slip Near Lake Huron

      Convenient marina slip with easy access to Lake Huron.
      E Michigan Ave, Au Gres, MI 48703
      View Details
    • $79,500
      0.01 Acres

      Remodeled Trailer with Private Dock

      Remodeled single wide trailer with private dock and amenities.
      3675 E Michigan Ave, Au Gres, MI 48703
      View Details
    • $172,000
      768 SF

      Established Ice Cream Shoppe

      Turnkey ice cream shop in central Au Gres location.
      201 E Huron Rd, Au Gres, MI 48703
      View Details
    • $2,950,000
      12,772 SF

      Waterfront Marina & Campground Opportunity

      48-acre waterfront marina and campground with expansion potential.
      2325 Green Dr, Au Gres, MI 48703
      View Details
    • $78,900

      Turnkey RV in Gated Community

      Updated RV in a campground condo with boat slip.
      831 S Main Unit 220 St, Au Gres, MI 48703
      View Details
    • Contact for pricing

      Large Industrial Building on Acreage

      Spacious industrial building with acreage, ideal for various purposes.
      1188 E Huron Rd, Au Gres, MI 48703
      View Details

    FAQs

    What type of property is this?
    Vineyard - Established winery with tasting room, equipment, and real estate.
    Where is this vineyard located?
    The property is located at 211 E Huron Rd Au Gres, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Turnkey, established winery business with immediate income potential.; - Includes business, equipment, licenses, and multiple buildings.; - High-visibility location on well-traveled US-23.
    (989) 820-7566
    Request Owner's contact information
    211 E Huron Rd Au Gres, MI 48703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    211 E Huron Rd
    Au Gres, MI 48703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    211 E Huron Rd Au Gres, MI 48703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John M Stanley
    John M Stanley
    (989) 820-7566 (989) 876-8171
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!