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Commercial Land with Barn
New
For Sale
$119,900

5315 Us-131 N, Mancelona, MI 49659

An existing barn and attached workshop provide covered space for business or equipment storage.

Property Size4,500 SF
Price / SF$26.64
Days on Market2

Property Features for 5315 Us-131 N

General Information

Standard status Active
Size 4,500 SF
Property subtype Land
Listing Agency: Cornerstone Real Estate Co LLC
Listed By: Mark Schmansky
Source: Patientmoves
Added: Sep 26 Last Checked: Sep 26 at 2:30PM

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 Cornerstone Real Estate Co LLC

Investment Insights

Based on property information with market context.

This 4.9-acre commercial parcel includes an approximately 4,500-square-foot, two-story barn with potential office space and an attached 40' x 70' pole barn. The buildings offer workshop and storage area. Improvements include a newer metal roof, steel siding on portions of the structure, and newer electric service meters. Well and septic permits may transfer, and parcel splits are available.

The property fronts US 131, with exposure and traffic along the road. Chestonia Township has no zoning. Snowmobile trails, golf, skiing, boating, and hiking are among the nearby recreational activities. Traverse City, Charlevoix, Petoskey, Bellaire, and Torch Lake are identified as area destinations.

Key Highlights

  • 4.9‑acre parcel with splits available
  • Approximately 4,500‑square‑foot, two‑story barn with potential office space
  • Attached 40' x 70' pole barn

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Daycare Center Food Market Farmer's Market

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

177
Businesses Nearby

Demographics for 49659, MI

6,670
Population
4,586
Households
1.5
Avg Household Size
44
Median Age
18%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
38
Density / Sq Mi
$59,092
Median Household Income
$33,269
Median Earnings
$792
Median Rent
$141,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - An existing barn and attached workshop provide covered space for business or equipment storage.
Where is this commercial land located?
The property is located at 5315 Us-131 N Mancelona, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 4.9‑acre parcel with splits available; Approximately 4,500‑square‑foot, two‑story barn with potential office space; Attached 40' x 70' pole barn
More about this property
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