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Two-Building Flex Space
For Sale
$675,000

399 Myrton M Riggs Dr, Cheboygan, MI 49721

Newly constructed, insulated industrial buildings offer an open configuration for tailored commercial use.

Property Size13,000 SF
Price / SF$51.92
Days on Market28

Property Features for 399 Myrton M Riggs Dr

General Information

Standard status Active
Size 13,000 SF

Additional Details

Opportunity Zone Yes

Building Details

Buildings 2
Construction steel
Listing Agency: Pure Michigan Property
Listed By: Mark Mleczewski · License #6504299281
Source: Genodangelo
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 29 at 10:26PM

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 Pure Michigan Property

Investment Insights

Based on property information with market context.

This flex space property includes two brand-new Engineered Olympia Steel Industrial buildings totaling 13,000 square feet. The larger structure contains 10,000 square feet, while the second building provides 3,000 square feet. Both buildings are fully insulated and include entry and overhead doors. They have never been occupied, leaving the interiors free of existing walls or industrial racks and ready for a buildout tailored to the user's requirements.

The property occupies just under 10 acres within Cheboygan's Industrial Park and is part of an Opportunity Zone. The steel structures were designed to accommodate Northern Michigan's heavy snow loads. The site also provides room for future expansion, subject to applicable approvals.

Key Highlights

  • Two brand‑new buildings totaling 13,000 sq ft
  • 10,000 sq ft primary building paired with a 3,000 sq ft secondary building
  • Just under 10 acres within Cheboygan's Industrial Park

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Building Supply Hotel & Motel Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Newly constructed, insulated industrial buildings offer an open configuration for tailored commercial use.
Where is this flex space located?
The property is located at 399 Myrton M Riggs Dr Cheboygan, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two brand‑new buildings totaling 13,000 sq ft; 10,000 sq ft primary building paired with a 3,000 sq ft secondary building; Just under 10 acres within Cheboygan's Industrial Park
More about this property
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