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Third-Floor Office Unit
For Lease
$2,400/Mo

518 N Main Street, Cheboygan, MI 49721

Commercial Lease, Cheboygan, MI

Space Size2,400 SF
Days on Market20

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 N Main St. just past W State St. Building on the 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
Listing Agency: COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
Listed By: Tonya Schryer · License #6501431558
Added: Sep 18 Last Checked: Oct 7 at 3:06AM
MLS# 201842917

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 301 provides 2,400 sq. ft. of commercial office space on the third floor of the AHM Building. The configuration includes multiple private offices, sizable work areas, and additional upstairs space that can accommodate conference rooms, reception, storage, or other business functions. Elevator service provides access to the suite, while a large parking lot supports visitors and employees. The property is zoned B-3.

The office is at 518 N Main Street in Cheboygan, Michigan, within walking distance of downtown, parks, shops, restaurants, and other local amenities. Its combination of enclosed rooms, open work areas, supplemental space, elevator access, and on-site parking offers a practical layout for a range of office operations.

Key Highlights

  • 2,400 sq. ft. commercial office in Unit 301
  • Third‑floor location in the AHM Building
  • Multiple private offices and generous work areas

Property Analytics

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Current Use

Office Units

Suggested Use

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

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
$1.80 /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
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 units - Third-floor commercial office with private rooms, work areas, upstairs space, elevator access, and parking lot access.
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 $2,400/Mo.
What are key features of this property?
This property features: 2,400 sq. ft. commercial office in Unit 301; Third‑floor location in the AHM Building; Multiple private offices and generous work areas
More about this property
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