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Mixed-Use Building with Loading Docks
For Sale
$255,000

433 Stephenson Ave, Escanaba, MI 49829

Flexible interior areas include storefront, office space and industrial features for a range of commercial configurations.

Property Size49,728 SF
Lot Size1.50 Acres
Price / SF$5.13
Days on Market734

Property Features for 433 Stephenson Ave

General Information

Standard status Active
Size 49,728 SF
Lot size 1.50 Acres
Property subtype Commercial/Industrial
Zoning Commercial,Industrial

Site & Location

Road Access Yes
Utilities to Site Yes
Mixed-Use Components retail, office, industrial

Warehouse & Industrial

Dock-High Doors 2
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Property Use Retail, Office

Amenities

radiant space heat
loading docks
3 phase power
industrial air compressor
Fence Owned

Building Details

Year Built 1908
Buildings 1
Building Size 49,728 SF
Construction Block, Brick, Pre-engineered Steel
Listing Agency: Northern Michigan Land Brokers - Escanaba
Listed By: Tim George · License #UPAR
Source: Jabachler
Added: Oct 25, 2024 Changed: Oct 27 Last Checked: Oct 27 at 3:23AM

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 Northern Michigan Land Brokers - Escanaba

Rey
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Investment Insights

Based on property information with market context.

This 49,728-square-foot mixed-use property occupies 1.5 acres and combines block, brick and pre-engineered steel construction. The original section dates to 1908, with additions made at different times. Interior areas include a retail storefront and several offices, and the building can be subdivided for multiple users. Radiant space heating, a sprinkler system, three-phase power and a built-in industrial air compressor are in place. Loading facilities accommodate two 53-foot semi-trailers.

The property is in downtown Escanaba and has frontage on three streets. Commercial and industrial zoning supports its stated commercial configuration.

Key Highlights

  • 49,728 square feet on 1.5 acres
  • Frontage on three streets in downtown Escanaba
  • Loading docks for two 53‑foot semi‑trailers

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Clare Bedding Manufacturing ... Industrial Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Grocery & Convenience Store Locksmith Furniture & Home Goods Computer & Electronic Repair

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

Lease Details

2
Dock-high doors
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

772
Businesses Nearby

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible interior areas include storefront, office space and industrial features for a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 433 Stephenson Ave Escanaba, MI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 49,728 square feet on 1.5 acres; Frontage on three streets in downtown Escanaba; Loading docks for two 53‑foot semi‑trailers
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