Listing Agency: Realty Executives Main Street d***@lapeerrealty.com Show Phone

Listed By: Douglas Ferrell · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:08PM

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Investment Insights

Based on property information with market context.

This property is a former bowling alley that has been converted into a warehouse. The interior includes multiple bathrooms, office space, and a lobby/sales area, providing flexible rooming beyond open storage.

The address is 5949 Forest Avenue in Otter Lake, Michigan. Public remarks indicate the location is not far from a public beach and campground, and that it receives significant traffic, with visibility to Trailway visitors.

As offered for sale, the building’s current warehouse configuration includes the existing support spaces for office and guest-facing use through the lobby/sales area, while maintaining a layout suitable for warehouse operations.

Key Highlights

• Former bowling alley converted to a warehouse
• Includes a lobby/sales area and an office
• Several bathrooms

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Storage Facility Pharmacy Auto Repair Shop Hair Salon Nail Salon Grocery & Convenience 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

50

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 48464, MI

2,077

Population

1,101

Households

1.9

Avg Household Size

45

Median Age

18%

College-Educated

90%

High-School Grad

17.0 sq mi

ZIP Area

122

Density / Sq Mi

$64,464

Median Household Income

$40,526

Median Earnings

$1,367

Median Rent

$186,600

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

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - Former bowling alley converted to warehouse, featuring several bathrooms and an office plus lobby/sales area.

Where is this warehouse located?

The property is located at 5949 Forest Avenue Otter Lake, MI.

What are key features of this property?

This property features: Former bowling alley converted to a warehouse; Includes a lobby/sales area and an office; Several bathrooms