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New Flex Space with Mezzanine
For Sale
$189,900

5384 Commerce Boulevard, Indian River, MI 49749

Commercial Sale, Indian River, MI

Property Size1,475 SF
Price / SF$128.75
Days on Market516

Property Features for 5384 Commerce Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning L ind
Parking features Parking Lot, Assigned
Subdivision T35N,R2W
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 1,475 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 ;...

Amenities

half bath
rinse tub
cold water spigot
efficient heating
oversized garage door with Liftmaster opener

Building Details

Floors in Building 2
Building materials Steel Siding, Block
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew
Added: May 21, 2025 Changed: Oct 8 Last Checked: Oct 18 at 7:06PM
MLS# 201834778

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.

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Investment Insights

Based on property information with market context.

This new flex-space unit combines workspace and storage in a steel-sided, block-constructed building. The main level includes a half bath, rinse tub, cold water spigot, and efficient heating for year-round use. A 24' x 15' mezzanine adds space that can support an office, lounge, or private storage area, while the 16' x 16' garage door accommodates boats, RVs, and other large equipment. The property contains 1,475 square feet and includes a LiftMaster opener.

Zoned L ind, the space is positioned for light-industrial commercial or personal use. Parking is provided in an assigned parking lot. The property is located at 5384 Commerce Boulevard in Indian River, near downtown Indian River and the shores of Mullett and Burt Lake.

Key Highlights

  • 1,475‑square‑foot flex‑space unit with a 24' x 15' mezzanine
  • 16' x 16' oversized garage door with LiftMaster opener
  • Half bath, rinse tub, and cold water spigot on the main level

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Building Supply Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) 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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - Light-industrial unit with year-round heating, service fixtures, and an oversized garage door for versatile workspace or storage.
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: 1,475‑square‑foot flex‑space unit with a 24' x 15' mezzanine; 16' x 16' oversized garage door with LiftMaster opener; Half bath, rinse tub, and cold water spigot on the main level
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