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Mixed-Use Building with Machine Shop
For Sale
$179,000

1486 N M 76, Alger, MI 48610

Combined retail, workshop, storage, and office facilities with overhead doors and three-phase electric service.

Property Size1,934 SF
Price / SF$92.55
Days on Market501

Property Features for 1486 N M 76

General Information

Standard status Active
Size 1,934 SF

Taxes and HOA fees

Annual Taxes $791
Listing Agency: MORRIS-RICHARDSON RE
Listed By: YVONNE DEROSO
Source: Exprealty
Added: Jun 5, 2025 Changed: Oct 6 Last Checked: Oct 16 at 10:02AM

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 MORRIS-RICHARDSON RE

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Investment Insights

Based on property information with market context.

This mixed-use property combines two retail areas with an attached machine shop, office, kitchenette, half bath, and a separate storage building. The primary block building measures approximately 1,934 square feet, while the connected machine shop adds approximately 1,812 square feet. Retail improvements include high ceilings, overhead lighting, a steel entry door with sidelights, and a 10x10 overhead door for receiving larger merchandise. Heating is provided by an indoor wood furnace with a propane furnace backup.

The machine shop is divided into two work areas with ceiling heights of 15 feet and 12 feet. Double overhead doors measure 10x12 and 14x14, and the building has three-phase electric service. An additional 720-square-foot structure provides storage space. The property is located on M-76 in Alger, Michigan, and occupies much of the block apart from two residential lots fronting Joy Street.

Key Highlights

  • Approximately 1,934‑square‑foot block building plus approximately 1,812‑square‑foot machine shop
  • Separate 720‑square‑foot storage building
  • Machine shop includes 15 ft and 12 ft ceiling sections

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Pet 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.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 48610, MI

3,266
Population
2,651
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
26
Density / Sq Mi
$54,665
Median Household Income
$33,980
Median Earnings
$788
Median Rent
$125,900
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 - Combined retail, workshop, storage, and office facilities with overhead doors and three-phase electric service.
Where is this mixed-use property located?
The property is located at 1486 N M 76 Alger, MI.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Approximately 1,934‑square‑foot block building plus approximately 1,812‑square‑foot machine shop; Separate 720‑square‑foot storage building; Machine shop includes 15 ft and 12 ft ceiling sections
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