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Divisible Office Property
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Pending

512 Pine Street, Cheboygan, MI 49721

Former school building with working mechanical systems, paved parking, playground improvements, and an existing tenant.

Property SizeContact for details
Days on Market142

Property Features for 512 Pine Street

General Information

Standard status Pending
Property subtype Special Purpose

Amenities

playground
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Cheboygan
Listed By: Jack Douglas · License #MI 6502371805
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:28PM

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 Berkshire Hathaway HomeServices Michigan Real Estate Cheboygan

Investment Insights

Based on property information with market context.

The property is a former public school with a layout that can be divided into separate rental spaces. Commercial office use is identified as the highest and best use. Working mechanical systems, a paved parking area, and a playground are included.

An existing tenant is in place. The property is located at 512 Pine Street in Cheboygan, Michigan, just blocks from downtown.

Key Highlights

  • Former Cheboygan public school building
  • Layout can be divided into separate rental spaces
  • Commercial office use identified as highest and best use

Property Analytics

Current Use

Nemcsa Headstart High School

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Building Supply Pharmacy Electrical Service 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.

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

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

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Former school building with working mechanical systems, paved parking, playground improvements, and an existing tenant.
Where is this office units located?
The property is located at 512 Pine Street Cheboygan, MI.
What are key features of this property?
This property features: Former Cheboygan public school building; Layout can be divided into separate rental spaces; Commercial office use identified as highest and best use
(231) 627-7186 Call to check price and availability
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