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New Luxury Storage/Workspace 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 Market465

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 13, 2025 Changed: Jun 10 Last Checked: Aug 20 at 8:06PM
MLS# 201839113

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 offers upscale storage and workspace. The unit features modern architecture and includes a spacious 24' x 15' mezzanine suitable for an office, personal lounge, or private storage. A half bath, rinse tub, and cold water spigot are located on the main level. Efficient heating ensures year-round comfort. The 16' x 16' oversized garage door, equipped with a Liftmaster opener, can accommodate boats, RVs, and other equipment. Zoned light industrial (L Ind), this versatile space is suitable for a wide range of commercial or personal uses. The property is located minutes from downtown Indian River and the shores of Mullett and Burt Lake, in Cheboygan County, MI.

Key Highlights

  • Spacious 24' x 60' luxury unit with modern architecture
  • Includes a large 24' x 15' mezzanine perfect for an office, lounge, or storage
  • Oversized 16' x 16' garage door with Liftmaster opener ideal for large vehicles

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.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Upscale 24' x 60' unit near Indian River.
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: Spacious 24' x 60' luxury unit with modern architecture; Includes a large 24' x 15' mezzanine perfect for an office, lounge, or storage; Oversized 16' x 16' garage door with Liftmaster opener ideal for large vehicles
More about this property
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