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Industrial Truck Terminal with Shop
For Sale
$750,000

450 & 458 Klagstad Road, Manistique, MI 49854

COM/IND/BUS OPP, Manistique, MI

Property Size5,100 SF
Lot Size5.30 Acres
Price / SF$147.06
Days on Market98

Property Features for 450 & 458 Klagstad Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Zoning description Industrial
Parking features Parking Lot
Patio and Porch features Patio
Exterior features Deck/Patio
Lot features Industrial
Subdivision Manistique Twp (77008)
Standard status Active
Size 5,100 SF
Lot size 5.30 Acres

Utilities

Heating system Forced Air
Water source Private, Well

Building Details

Year built 1989
Roof type Shingle, Metal
Listing Agency: GROVER REAL ESTATE
Listed By: TRAVIS WOOD · License #6501433914
Added: Jul 1 Changed: Oct 3 Last Checked: Oct 6 at 9:06AM
MLS# 50213542

Copyright © 2026 Upper Peninsula Association 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.

This industrial property spans 5.3 acres and includes a 5,100-square-foot commercial operation built in 1989. The main improvement is a 40-by-80-foot garage and shop with pull-through 14-foot doors, a 16-foot ceiling, two office areas, storage, and a small kitchenette. A detached 1,200-square-foot office building provides additional administrative space and includes air conditioning. The sale covers the real estate only, allowing the next owner to establish a different operation or continue a commercial use supported by the existing improvements.

The property is located at 450 & 458 Klagstad Road in Manistique, directly across from the airport and just off US Highway 2. Klagstad Road is identified as a Class A Highway, providing access suited to large trucks and equipment. Additional features include industrial zoning, a parking lot, patio and deck areas, forced-air heating, a well, and private water.

Key Highlights

  • 5.3‑acre industrial property at 450 & 458 Klagstad Road
  • 5,100‑square‑foot commercial operation built in 1989
  • 40x80 garage/shop with pull‑through 14‑foot doors and a 16‑foot ceiling

Property Analytics

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Current Use

Truck terminals

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office Pet Grooming Service Grocery & Convenience 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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 49854, MI

6,211
Population
4,307
Households
1.4
Avg Household Size
52
Median Age
21%
College-Educated
89%
High-School Grad
473.9 sq mi
ZIP Area
13
Density / Sq Mi
$57,212
Median Household Income
$33,705
Median Earnings
$653
Median Rent
$117,500
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Truck terminal - Industrial-zoned acreage offers truck-oriented access, a large service building, and separate administrative space.
Where is this truck terminal located?
The property is located at 450 & 458 Klagstad Road Manistique, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5.3‑acre industrial property at 450 & 458 Klagstad Road; 5,100‑square‑foot commercial operation built in 1989; 40x80 garage/shop with pull‑through 14‑foot doors and a 16‑foot ceiling
More about this property
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