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New Flex Space with Tall Doors
For Sale
$329,000

13715 Clark Road, Charlevoix, MI 49720

Commercial/Industrial, Charlevoix, MI

Property Size3,200 SF
Price / SF$102.81
Days on Market281

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 009-555-011-00
Size 3,200 SF

Taxes and HOA fees

Tax Description POB TH N01DEG05'06"EAL SD 1/8 LI 511.85 FT TO N1/8 LI TH S89DEG35'20"E AL SD 1/8 LI 536 FT TH S5DEG
HOA Fee $720 Annually
Legal Description POB TH N01DEG05'06"EAL SD 1/8 LI 511.85 FT TO N1/8 LI TH S89DEG35'20"E AL SD 1/8 LI 536 FT TH S5DEG

Utilities

Heating system Natural Gas, Oil
Water source Well

Building Details

Building materials Wood Frame
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Real Estate
Listed By: Matthew Murray · License #6501441581
Added: Dec 29, 2025 Changed: Sep 12 Last Checked: Oct 6 at 12:06AM
MLS# 476019

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 11 is planned as a new 3,200-square-foot flex space in a wood-frame pole-barn building measuring 40 feet by 80 feet, with a 20-foot overall height. The completed unit is designed with full metal interior walls, electrical service, LED lighting, and in-floor heat. Two electronic overhead doors, each 18 feet high, support access for larger vehicles and equipment.

The property is part of a new association with a paved drive, electronic entry gate, and security fencing. It is located near town and the city launch ramp in Charlevoix. The building will have a metal roof, and buyers may request certain building changes or upgrades during development. Seller financing is available.

Key Highlights

  • New 3,200‑square‑foot Unit 11 flex space
  • 40'x80' pole barn with 20' overall height
  • Two 18' high electronic overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,382
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,640 $487.6K
Cap Rate 7%
$348,314 $348.3K
Cap Rate 9%
$270,911 $270.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$31.9K $9.96/SF
− Vacancy
−$3.2K −$1.00/SF
EGI
$28.7K $8.96/SF
− OpEx
−$4.3K −$1.34/SF
NOI
$24.4K $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%
$487,640
Cap Rate 7%
$348,314
Cap Rate 9%
$270,911

Alternative Uses

Best Use
Flex RnD
$437.2K
$382.6K – $510.1K (±1% cap)
NOI $30,607 @ 7.0% cap · market cap 9.30%
Second Best
Warehouse
$348.3K
$304.8K – $406.4K (±1% cap)
NOI $24,382 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$647.8K
$566.8K – $755.7K (±1% cap)
NOI $45,343 @ 7.0% cap · market cap 13.78%
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

20 ft
Clear height
Yes
Fenced yard

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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Frequently Asked Questions

What type of property is this?
Flex space - New construction will offer finished interiors, in-floor heat, and electronic overhead doors.
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 $329,000.
What are key features of this property?
This property features: New 3,200‑square‑foot Unit 11 flex space; 40'x80' pole barn with 20' overall height; Two 18' high electronic overhead doors
More about this property
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