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Professional Office Unit
New
For Lease
$2,000/Mo

518 N Main Street, Cheboygan, MI 49721

Commercial Lease, Cheboygan, MI

Space Size1,700 SF
Days on Market2

Property Features for 518 N Main Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning B-3
Parking features Parking Lot
Subdivision T38N,R1W
Directions Take North Main St. just past W. State St. building on right hand side of Main St.
Standard status Active

Taxes and HOA fees

Tax Description ORIGINAL PLAT OF CHEBOYGAN, LOTS 23, 24 & N 10FT LOT 27. (SECS 31&32, T38N R1W) **AND** ADJ VAC SECOND ST & W1/2 OF VAC WATER ST, LYING ADJ TO SD LOTS AS RECD IN 895/139. 444/136;895/139;1073/841;1297/882 RD VACATION;1297/887;1580/980
Legal Description ORIGINAL PLAT OF CHEBOYGAN, LOTS 23, 24 & N 10FT LOT 27. (SECS 31&32, T38N R1W) **AND** ADJ VAC SECOND ST & W1/2 OF VAC WATER ST, LYING ADJ TO SD LOTS AS RECD IN 895/139. 444/136;895/139;1073/841;1297/882 RD VACATION;1297/887;1580/980

Utilities

Sewer type Public Sewer
Listing Agency: COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
Listed By: Tonya Schryer · License #6501431558
Added: Aug 21 Last Checked: Aug 22 at 5:06PM
MLS# 201842362

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.

Unit 202 provides just over 1,700 square feet within a three-story commercial building in Cheboygan. The layout includes six private offices plus a receptionist station, waiting area, and lunchroom, creating a defined professional office environment. An elevator serves the upper floors, and the property includes a parking lot and public sewer service.

The building is within walking distance of downtown Cheboygan’s businesses, restaurants, services, and community amenities. The Cheboygan River is directly behind the building. The property is zoned B-3 and is located at 518 N Main Street in Cheboygan, Michigan.

Key Highlights

  • Just over 1,700 square feet of office space in Unit 202
  • Six separate private offices with dedicated receptionist area
  • Waiting area and lunchroom included in the suite layout

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility

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

NNN (Triple Net)
Lease Type
$2.12 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Six private offices, reception, waiting, and lunchroom areas support a ready professional workplace.
Where is this office units located?
The property is located at 518 N Main Street Cheboygan, MI.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Just over 1,700 square feet of office space in Unit 202; Six separate private offices with dedicated receptionist area; Waiting area and lunchroom included in the suite layout
More about this property
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