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    Industrial Flex Building with Covered Storage Title is generated by Realmo AI

    3765 & 3769 S US 31 Highway, Brutus, MI 49716

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    Claim this Listing
    New
    For Sale
    $2,100,000

    Commercial/Industrial - Brutus, MI

    Property size:
    10,800 SF
    Lot size:
    24.00 Acres
    Price / SF:
    $194/SF
    Added:
    Jun 12, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 14 at 4:06 pm

    Property Features for 3765 & 3769 S US 31 Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    FF-!
    Rooms
    Basement
    Interior features
    Refrigerator, Off-Street Parking, Air-Conditioning
    Basement Y/N
    1
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    09-14-22-400-011 ans 022
    Size
    10,800 SF
    Lot size
    24.00 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    2022
    Floors in Building
    1
    Number of units
    1
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Kevin Olson
    Kevin Olson

    Listing agent Kevin Olson

    Listing office Graham Real Estate 198 E MAIN ST., Harbor Springs, MI

    Listing date Jun 12, 2026

    MLS# 479501 Listing URL

    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.

    HighLights

    • Expansive 10,000+ sq ft building on approximately 24 acres.
    • Two separately zoned parcels (15 acres B‑1, 9 acres FF‑1) offering exceptional flexibility.
    • 480volt 3 phase electrical service already in place.
    • Artesian well with updated pumps and mechanical components.
    • Two offices and a restroom.
    • Additional 1,200 sq ft of covered storage.

    Overview

    This expansive commercial/industrial building offers 10,000+ square feet with two offices and a restroom. Covered storage is also included, with an additional 1,200 square feet on the backside of the building. The property features a 480-volt, three-phase electrical service already in place.

    The offering includes approximately 24 acres and is described as two separately zoned parcels. The front 15 acres are zoned B-1, while the rear 9 acres are zoned FF-1, providing flexibility for planning and operations within the limits of the zoning designations. The property address is listed along S US 31 Highway in Brutus, Michigan.

    For buyers or operators seeking a flexible industrial setup, the combination of office space, on-site utility capacity, and updated well infrastructure may support a wide range of commercial applications. With room for expansion and zoning separation across the acreage, it can be a practical fit for groups looking to align site use with the parcel zoning structure.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $216.4k $20.04
    − Vacancy −$15.2k −$1.40
    EGI $201.3k $18.64
    − OpEx −$30.2k −$2.80
    NOI $171.1k $15.84
    10,800 SF · lease $20.04/SF/yr · vacancy 7.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.44M
    $2.14M – $2.85M (±1% cap)
    NOI $171,089 @ 7.0% cap · market cap 8.15%
    Second Best
    Industrial
    $2.01M
    $1.76M – $2.35M (±1% cap)
    NOI $140,897 @ 7.0% cap · market cap 6.71%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Brutus
    County
    Emmet
    State
    Michigan
    Longitude
    -84.7417
    Latitude
    45.5115

    FAQs

    What type of property is this?
    Flex space - Expansive industrial building with office space, 3-phase power, an artesian well, and additional covered storage.
    Where is this flex space located?
    The property is located at 3765 & 3769 S US 31 Highway Brutus, MI.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Expansive 10,000+ sq ft building on approximately 24 acres.; Two separately zoned parcels (15 acres B‑1, 9 acres FF‑1) offering exceptional flexibility.; 480volt 3 phase electrical service already in place.
    More about this property
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