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Leased Office Building with Storage

2914 Blue Star Hwy, Douglas, MI 49406

For Sale
$549,500
Pending

Two office units with separate electric meters, updated finishes, and dedicated rear storage.

Property SizeContact for details
Days on Market49

Property Features for 2914 Blue Star Hwy

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,801

Building Details

Year Built 1995
Units 2
Listing Agency: RE/MAX Saugatuck-Douglas
Listed By: Richard P Waskin · License #106649
Source: Elliman
Added: Sep 22 Changed: Oct 25 Last Checked: Nov 8 at 7:09AM

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 RE/MAX Saugatuck-Douglas

Rey
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Investment Insights

Based on property information with market context.

This 1995 office building contains two leased units and is in good condition, with a newer roof supporting the property’s current office use. Unit A includes a kitchen and 2.5 baths, while Unit B offers a recently remodeled interior with a wet bar coffee station and 1/2 bath. Separate electric meters serve each unit, and a storage building is included at the rear.

The property fronts Blue Star Hwy at the entrance to town in a high-traffic area. An adjacent parking easement measuring 30' x 290' provides additional parking capacity. Current occupancy includes a real estate office and a photography studio, with lease terms of two years and one year, respectively.

Key Highlights

  • Two leased office units with separate electric meters
  • 1995 construction with a newer roof
  • Unit A includes a kitchen and 2.5 baths

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

RE/MAX Saugatuck-Douglas Real Estate Agency

Suggested Use

Top Pick Building Supply Storage Facility Dental Office Nail Salon Big Box & Wholesale Store Skin Care Clinic

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

80
Businesses Nearby

Demographics for 49406, MI

1,031
Population
921
Households
1.1
Avg Household Size
60
Median Age
66%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
687
Density / Sq Mi
$95,417
Median Household Income
$78,333
Median Earnings
$470,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two office units with separate electric meters, updated finishes, and dedicated rear storage.
Where is this office building located?
The property is located at 2914 Blue Star Hwy Douglas, MI.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Two leased office units with separate electric meters; 1995 construction with a newer roof; Unit A includes a kitchen and 2.5 baths
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