Finished Flex Space
For Sale
$129,000
13715 Clark Road, Charlevoix, MI 49720
Commercial/Industrial, Charlevoix, MI
Property Size896 SF
Price / SF$143.97
Days on Market97
Property Features for 13715 Clark Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Elementary school district
Charlevoix
Middle school district
Charlevoix
High school district
Charlevoix
Directions
South on M-66 from Charlevoix, Turn Left on Loeb then right on Clark Rd and the buildings are on the right after a quarter mile.
Subdivision
Marion
Standard status
Active
APN
009-555-014-00
Size
896 SF
Taxes and HOA fees
Tax Description
NORTHERN STORAGE CLUB UNIT 14
HOA Fee
$720 Annually
Legal Description
NORTHERN STORAGE CLUB UNIT 14
Utilities
Heating system
Natural Gas
Building Details
Building materials
Wood Frame
Roof type
Metal
Listing Agency:
Berkshire Hathaway HomeServices Real Estate
(231) 547-9905
Listed By:
Matthew Murray · License #6501441581
(231) 675-3730
Added: Jul 2
Changed: Oct 1
Last Checked: Oct 6 at 12:06AM
MLS# 477977
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 14 is an 896-square-foot flex space planned as a new 28-by-32-foot pole barn with a shared wall adjoining Unit 15. The building will feature wood-frame construction, a metal roof, full metal interior walls, LED lighting, electric service, natural-gas in-floor heat, and an electronic overhead door. The property is designated commercial and is intended to be delivered fully finished, with buyer-requested building modifications or upgrades potentially available.
Site improvements include a paved drive, electronic entry gate, security fencing, and community water. The property is near downtown Charlevoix and the city launch ramp, providing convenient access to local amenities and waterfront recreation.
Site improvements include a paved drive, electronic entry gate, security fencing, and community water. The property is near downtown Charlevoix and the city launch ramp, providing convenient access to local amenities and waterfront recreation.
Key Highlights
- 896‑square‑foot Unit 14 flex space
- New 28' X 32' pole barn with shared wall to Unit 15
- Commercial zoning with community water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,570
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,400
$171.4K
Cap Rate 7%
$122,429
$122.4K
Cap Rate 9%
$95,222
$95.2K
Market Conditions
NOI Build-Up for 896 SF
Gross rent
$14.3K $15.96/SF
− Vacancy
−$1.1K −$1.24/SF
EGI
$13.2K $14.72/SF
− OpEx
−$4.6K −$5.15/SF
NOI
$8.6K $9.56/SF
Area
Charlevoix County, MI
Vacancy
7.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,400
Cap Rate 7%
$122,429
Cap Rate 9%
$95,222
Alternative Uses
Best Use
Flex RnD
$122.4K
$107.1K – $142.8K
NOI $8,570 @ 7.0% cap · market cap 6.64%
Second Best
Warehouse
$97.5K
$85.3K – $113.8K
NOI $6,827 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$181.4K
$158.7K – $211.6K
NOI $12,696 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49720, MI
9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
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
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Frequently Asked Questions
What type of property is this?
Flex space - New commercial unit with secured access, community water, electric service, and in-floor heating.
Where is this flex space located?
The property is located at 13715 Clark Road Charlevoix, MI.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 896‑square‑foot Unit 14 flex space; New 28' X 32' pole barn with shared wall to Unit 15; Commercial zoning with community water
