Search
Light Industrial Flex Unit
For Sale
$189,900

5384 Commerce Boulevard, Indian River, MI 49749

LAND - Indian River, MI

Property Size1,440 SF
Price / SF$131.88
Days on Market457

Property Features for 5384 Commerce Boulevard

General Information

Property type Land
Property subtype Other
Zoning L Ind
Subdivision T35N,R2W
Elementary school Inland Lakes
High school Inland Lakes
Elementary school district Inland Lakes
Middle school district Inland Lakes
High school district Inland Lakes
Directions From Indian River, Head East on M-68 then a right on Commerce Blvd. Take an immediate right into storage units.
Standard status Active
APN 162-030-300-001-17 parent
Size 1,440 SF

Taxes and HOA fees

Tax Description part of COM W1/4 COR SEC 30, T35N,R2W; TH S 89D 28' 28'' E ALG E-W 1/4 LI 764.33FT (RECD 764.29FT) TO 1/2'' BAR; TH S 89D 28' 28'' E ALG SD 1/4 LI 1413.21FT; TH S 38D 30' 23'' E 725.94FT TO POB; TH N 51D 27' 00'' E 729.72FT TO CONC MONU ON ROW OF ;...
HOA Fee $100 Monthly
Legal Description part of COM W1/4 COR SEC 30, T35N,R2W; TH S 89D 28' 28'' E ALG E-W 1/4 LI 764.33FT (RECD 764.29FT) TO 1/2'' BAR; TH S 89D 28' 28'' E ALG SD 1/4 LI 1413.21FT; TH S 38D 30' 23'' E 725.94FT TO POB; TH N 51D 27' 00'' E 729.72FT TO CONC MONU ON ROW OF ;...

Utilities

Water source Well
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew · License #6506045131
Added: May 21, 2025 Changed: Jun 10 Last Checked: Aug 20 at 8:06PM
MLS# 201834876

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 brand-new 24' x 60' luxury unit is designed to combine practical storage with usable workspace. The layout includes a spacious 24' x 15' mezzanine that can support an office, personal lounge, or private storage. On the main level, the unit features a half bath, a rinse tub, and a cold water spigot, with efficient heating for year-round comfort.

The unit also offers an oversized 16' x 16' garage door with a Liftmaster opener, providing straightforward access for larger vehicles and equipment. The property is located at 5384 Commerce Boulevard in Indian River, MI, in Cheboygan County. It is described as being just minutes from downtown Indian River and the shores of Mullett and Burt Lake.

With Light Industrial zoning (L Ind), the space is positioned for a range of commercial or personal uses where customers and equipment need direct, garage-style access. The mezzanine adds flexibility for controlled-area work or additional storage, while the in-unit half bath and main-level water fixtures support day-to-day operations.

Key Highlights

  • Brand new 24' x 60' luxury unit suitable for storage and workspace.
  • Spacious 24' x 15' mezzanine ideal for office, lounge, or storage.
  • 16' x 16' oversized garage door with Liftmaster opener accommodates large vehicles/equipment.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 49749, MI

4,087
Population
3,995
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
90%
High-School Grad
64.8 sq mi
ZIP Area
63
Density / Sq Mi
$66,604
Median Household Income
$36,471
Median Earnings
$862
Median Rent
$202,600
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Brand-new light industrial unit with a large mezzanine, half bath, and oversized garage door for flexible storage and workspace use.
Where is this flex space located?
The property is located at 5384 Commerce Boulevard Indian River, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Brand new 24' x 60' luxury unit suitable for storage and workspace.; Spacious 24' x 15' mezzanine ideal for office, lounge, or storage.; 16' x 16' oversized garage door with Liftmaster opener accommodates large vehicles/equipment.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message