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Small Office Unit
New
For Lease
$500/Mo

518 N Main Street, Cheboygan, MI 49721

Commercial Lease, Cheboygan, MI

Space Size300 SF
Days on Market3

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 N 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: Sep 11 Last Checked: Sep 13 at 1:06PM
MLS# 201842784

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 approximately 300-square-foot office unit provides a compact setting for a professional office, service business, or dedicated workspace. The suite is located within a commercial property zoned B-1 and includes access to a parking lot, an accessible approach with ramp, and public sewer service.

Positioned on N Main Street in Cheboygan, the property is within walking distance of downtown shops, restaurants, services, and the waterfront. Its manageable size offers a straightforward option for a small business seeking a dedicated commercial location.

Key Highlights

  • Approximately 300 square feet of office space
  • B‑1 zoning
  • Located on N Main Street in Cheboygan

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
$3.00 /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 - Compact office space with convenient access to downtown shops, restaurants, services, and the waterfront.
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 $500/Mo.
What are key features of this property?
This property features: Approximately 300 square feet of office space; B‑1 zoning; Located on N Main Street in Cheboygan
More about this property
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