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Two-Building Industrial Warehouse
For Sale
$675,000

399 Myrton M Riggs Drive, Cheboygan, MI 49721

Commercial Sale, Cheboygan, MI

Property Size13,000 SF
Lot Size9.84 Acres
Price / SF$51.92
Days on Market561

Property Features for 399 Myrton M Riggs Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Light Industria
Subdivision T38N R2W
Directions From Main St in Cheboygan take State St to Myrton M Riggs Dr then right. Property is 450' down on the left.
Standard status Active
APN 053-025-403-003-06
Size 13,000 SF
Lot size 9.84 Acres

Taxes and HOA fees

Tax Description PAR B: PT OF SW1/4 OF SE1/4, SEC 25, T38N, R2W, DESC AS: COM S 1/4 COR OF SD SEC; TH S 89D 10M 05S E ALG S LI OF SD SEC 1311.13FT TO S-SE 1/16 COR OF SD SEC; TH N 00D 07M 07S E ALG E N-S 1/16 LI AS MONUMENTED 1309.16FT (PREVIOUSLY RECD AS N 00D 04M 10S E
Legal Description PAR B: PT OF SW1/4 OF SE1/4, SEC 25, T38N, R2W, DESC AS: COM S 1/4 COR OF SD SEC; TH S 89D 10M 05S E ALG S LI OF SD SEC 1311.13FT TO S-SE 1/16 COR OF SD SEC; TH N 00D 07M 07S E ALG E N-S 1/16 LI AS MONUMENTED 1309.16FT (PREVIOUSLY RECD AS N 00D 04M 10S E

Utilities

Sewer type Public Sewer

Building Details

Building materials Steel Siding
Listing Agency: Pure Michigan Property
Listed By: Mark Mleczewski · License #6504299281
Added: Mar 25, 2025 Changed: Oct 5 Last Checked: Oct 6 at 5:06AM
MLS# 201834022

Copyright © 2026 Water Wonderland Board of Realtors®. 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.

The property comprises two new steel industrial buildings totaling 13,000 square feet. One contains 10,000 square feet and the other 3,000 square feet. Both are insulated and have entry and overhead doors; neither has been used, leaving the interiors without existing walls or industrial racks. The buildings were engineered for Northern Michigan snow loads, and public sewer serves the site.

Set on 9.84 acres in Cheboygan's Industrial Park, the property is zoned Light Industrial. Its two-building configuration and land area provide room for varied industrial layouts and outdoor site use.

Key Highlights

  • Two industrial buildings total 13,000 square feet: 10,000 square feet and 3,000 square feet
  • 9.84‑acre site in Cheboygan's Industrial Park
  • Insulated steel buildings with entry and overhead doors

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom

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

71
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Insulated steel structures offer flexible interior space for industrial operations or storage.
Where is this warehouse located?
The property is located at 399 Myrton M Riggs Drive Cheboygan, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two industrial buildings total 13,000 square feet: 10,000 square feet and 3,000 square feet; 9.84‑acre site in Cheboygan's Industrial Park; Insulated steel buildings with entry and overhead doors
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