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Office Building with Two-Car Garage
For Sale
$199,900

4878 S Straits Highway, Indian River, MI 49749

Commercial Sale, Indian River, MI

Property Size1,048 SF
Lot Size0.65 Acres
Price / SF$190.74
Days on Market165

Property Features for 4878 S Straits Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Crawl Space
Subdivision T35N R3W
Directions US 27 South of Indian River approximately one mile. Property is located on the west side of the road.
Standard status Active
APN 161-026-400-022-00
Size 1,048 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Description COM E1/4 COR SEC 26, T35N,R3W; TH S 1D 45M 30S W 1968FT ALG E SEC LI TO POB; TH N 88D 14M 30S W 375FT; TH S 1D 45M 30S W 75FT; TH S 88D 14M 30S E 375FT; TH N 1D 45M 30S E 75FT TO POB, PT OF E1/2 OF SE1/4. 728/859;772/166; 777/053;932/304;1038/597;1038/59
Legal Description COM E1/4 COR SEC 26, T35N,R3W; TH S 1D 45M 30S W 1968FT ALG E SEC LI TO POB; TH N 88D 14M 30S W 375FT; TH S 1D 45M 30S W 75FT; TH S 88D 14M 30S E 375FT; TH N 1D 45M 30S E 75FT TO POB, PT OF E1/2 OF SE1/4. 728/859;772/166; 777/053;932/304;1038/597;1038/59

Utilities

Sewer type Septic Tank
Water source Well

Amenities

fireplace
front porch
patio

Building Details

Floors in Building 1
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew · License #6506045131
Added: Apr 2 Changed: Sep 13 Last Checked: Sep 13 at 3:06PM
MLS# 201839250

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.

This 1,048-square-foot commercial office occupies a 0.65-acre property and includes a spacious sitting area, two large offices, and a separate gathering space with a fireplace. Exterior improvements include a two-car garage, front porch, and patio. The property is served by a well and septic tank and is currently used as a commercial office.

Located at 4878 S Straits Highway in Indian River, the property sits 1/2 mile south of Inland Lakes Schools. The surrounding area includes access to Burt Lake, the Sturgeon River, groomed snowmobile trails, the North Central Trail system, and state land. Commercial zoning supports the property's existing office use.

Key Highlights

  • 1,048‑square‑foot commercial office on 0.65 acres
  • Two large offices plus sitting and gathering areas
  • Gathering space includes a fireplace

Property Analytics

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Current Use

CME Medical Clinic

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Real Estate Agency Hair Salon Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 49749, MI

4,087
Population
3,995
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
90%
High-School Grad
64.8 sq mi
ZIP Area
63
Density / Sq Mi
$66,604
Median Household Income
$36,471
Median Earnings
$862
Median Rent
$202,600
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
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Frequently Asked Questions

What type of property is this?
Office building - Commercial office with two private offices, a gathering area, porch, patio, and garage.
Where is this office building located?
The property is located at 4878 S Straits Highway Indian River, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,048‑square‑foot commercial office on 0.65 acres; Two large offices plus sitting and gathering areas; Gathering space includes a fireplace
More about this property
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