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New Flex Space with In-Floor Heating
For Sale
$209,000

13715 Clark Road, Charlevoix, MI 49720

Commercial/Industrial, Charlevoix, MI

Property Size1,800 SF
Price / SF$116.11
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 009-555-012-00
Size 1,800 SF

Taxes and HOA fees

Tax Description NORTHERN STORAGE CLUB UNIT 12
HOA Fee $720 Annually
Legal Description NORTHERN STORAGE CLUB UNIT 12

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# 477975

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 12 is planned as a new 1,800-square-foot flex space in a 30-by-60-foot pole-barn building. The structure is designed with wood-frame construction, a metal roof, natural gas heating, electric service, LED lighting, in-floor heat, full metal interior walls, and an electronic overhead door. Construction is scheduled for completion before fall 2026, with certain buyer-requested changes or upgrades available during the process.

The property is located at 13715 Clark Road in Charlevoix, near town and the city launch ramp. The new association will provide a paved drive, electronic gate, security fence, and community water. The building is zoned commercial.

Key Highlights

  • 1,800 SF Unit 12 in a planned 30'x60' pole barn
  • Completion scheduled before fall of 2026
  • Electric, LED lighting, in‑floor heat, and electronic overhead door included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,217
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,340 $344.3K
Cap Rate 7%
$245,957 $246.0K
Cap Rate 9%
$191,300 $191.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$28.7K $15.96/SF
− Vacancy
−$2.2K −$1.24/SF
EGI
$26.5K $14.72/SF
− OpEx
−$9.3K −$5.15/SF
NOI
$17.2K $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%
$344,340
Cap Rate 7%
$245,957
Cap Rate 9%
$191,300

Alternative Uses

Best Use
Flex RnD
$246.0K
$215.2K – $287.0K (±1% cap)
NOI $17,217 @ 7.0% cap · market cap 8.24%
Second Best
Warehouse
$195.9K
$171.4K – $228.6K (±1% cap)
NOI $13,715 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$364.4K
$318.8K – $425.1K (±1% cap)
NOI $25,505 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

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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Frequently Asked Questions

What type of property is this?
Flex space - Planned pole-barn construction includes gated access, community water, and a finished interior.
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 $209,000.
What are key features of this property?
This property features: 1,800 SF Unit 12 in a planned 30'x60' pole barn; Completion scheduled before fall of 2026; Electric, LED lighting, in‑floor heat, and electronic overhead door included
More about this property
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