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Ground-Floor Office Unit
New
For Lease
$750/Mo

518 N Main Street, Cheboygan, MI 49721

Commercial Lease, Cheboygan, MI

Space Size685 SF
Days on Market1

Property Features for 518 N Main Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning B-1
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
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 21 at 6:06PM
MLS# 201842360

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 104 provides approximately 685 square feet of office space on the ground level of a three-story commercial building. The property includes an elevator for upper-floor access, a parking lot, and an accessible approach with ramp. Public sewer serves the building, which is zoned B-1.

The property sits at 518 N Main Street in Cheboygan, with the Cheboygan River immediately behind it. Downtown Cheboygan, restaurants, businesses, services, and other community amenities are within walking distance. The ground-floor configuration offers a straightforward setting for office or service-oriented occupancy.

Key Highlights

  • Approximately 685 square feet of ground‑floor office space in Unit 104
  • Three‑story commercial building with elevator service
  • Accessible approach with ramp

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
$1.97 /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 - Accessible office accommodation with parking and elevator service in a three-story commercial building.
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 $750/Mo.
What are key features of this property?
This property features: Approximately 685 square feet of ground‑floor office space in Unit 104; Three‑story commercial building with elevator service; Accessible approach with ramp
More about this property
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