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New Warehouse Unit with In-Floor Heat
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 009-555-015-00
Size 896 SF

Taxes and HOA fees

Tax Description NOTHERN STORAGE CLUB UNIT 15
HOA Fee $720 Annually
Legal Description NOTHERN STORAGE CLUB UNIT 15

Utilities

Heating system Natural Gas

Building Details

Building materials Wood Frame
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Real Estate
Listed By: Matthew Murray · License #6501441581
Added: Jul 2 Changed: Oct 1 Last Checked: Oct 6 at 1:06AM
MLS# 477978

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 15 is planned as a new 896-square-foot pole-barn warehouse with a 28' X 32' footprint and a shared wall adjoining Unit 14. The finished building will include electrical service, LED lighting, in-floor heat, an electronic overhead door, and full metal interior wall panels. Wood-frame construction, a metal roof, natural gas heat, and community water are specified.

The property is located at 13715 Clark Road in Charlevoix, with a paved drive serving the association. Access is controlled by an electronic gate, and the site is enclosed by a security fence. The location is near town and the city launch ramp, providing a practical setting for warehouse or commercial storage use.

Key Highlights

  • New Unit 15 pole‑barn warehouse measuring 28' X 32'
  • 896 square feet with a shared wall adjoining Unit 14
  • Finished interior with full metal wall panels and LED lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,827
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,540 $136.5K
Cap Rate 7%
$97,529 $97.5K
Cap Rate 9%
$75,856 $75.9K
Market Conditions
NOI Build-Up for 896 SF
Gross rent
$8.9K $9.96/SF
− Vacancy
−$892 −$1.00/SF
EGI
$8.0K $8.96/SF
− OpEx
−$1.2K −$1.34/SF
NOI
$6.8K $7.62/SF
Area
Charlevoix County, MI
Vacancy
10.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,540
Cap Rate 7%
$97,529
Cap Rate 9%
$75,856

Alternative Uses

Best Use
Warehouse
$97.5K
$85.3K – $113.8K (±1% cap)
NOI $6,827 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$181.4K
$158.7K – $211.6K (±1% cap)
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

Latitude 45 Auto ... Car Wash

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store

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

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Walstrom Marine — 6472 M-66 N, Charlevoix, MI 49720
  • National Storage — 6600 M-66, Charlevoix, MI 49720

Frequently Asked Questions

What type of property is this?
Warehouse - Newly constructed commercial warehouse unit with secured access, finished interiors, and an electronic overhead door.
Where is this warehouse 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: New Unit 15 pole‑barn warehouse measuring 28' X 32'; 896 square feet with a shared wall adjoining Unit 14; Finished interior with full metal wall panels and LED lighting
More about this property
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