Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail/Restaurant Opportunity in Escanaba Title is generated by Realmo AI

    601 N Lincoln Road, Escanaba, MI 49829

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding building with high visibility and access in Escanaba.

    Type:Retail
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 18 at 8:16 am

    Property Features for 601 N Lincoln Road

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Yoni Zvi

    Listing agent Yoni Zvi

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    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 Yoni Zvi

    HighLights

    • Freestanding building suitable for retail, restaurant, or multi‑tenant use.
    • Located just off a main commercial highway corridor in Delta County.
    • Good visibility and access.
    • High traffic counts.
    • Great opportunity.

    Overview

    This property presents an opportunity for a freestanding retail, restaurant, or multi-tenant building. The location offers good visibility, access, and traffic counts. It is situated just off one of Delta County's main commercial highway corridors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Home Services Social Service Agency Walmart Patio & Garden ... Landscaping Walmart House Cleaning ... Hardware & Home Improvement Walmart Tech Services Corporate Office Walmart Pet Services Kennel & Boarding Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Escanaba
    County
    Delta
    State
    Michigan
    Longitude
    -87.077398
    Latitude
    45.752911

    Nearby Similar for Sale

    • $700,000
      11,000 SF

      Escanaba Commercial Corner Property

      Mixed-use property with restaurant and auto shop in Escanaba.
      1636 Ludington Street, Escanaba, MI 49829
      View Details
    • $495,000
      5,271 SF

      Escanaba Commercial Office Building

      5,200 sqft commercial office building suitable for various uses.
      1211 Ludington Street, Escanaba, MI 49829
      View Details
    • $795,000
      14,000 SF

      Escanaba Commercial Building For Sale

      High-visibility commercial building with loading dock and overhead doors.
      1930 N Lincoln Road, Escanaba, MI 49829-0000
      View Details
    • $2,400,000
      3,520 SF

      Profitable Car Wash on Highway

      High-traffic car wash with extra income potential on 1.3 acres.
      2701 N Lincoln Road, Escanaba, MI 49829
      View Details
    • $215,000
      1,200 SF

      Escanaba Commercial Opportunity For Sale

      Well-maintained 1,200 sq ft building on a 0.33-acre lot.
      2001 N 7TH Avenue, Escanaba, MI 49829
      View Details
    • $480,000
      4,805 SF

      Escanaba Turnkey Entertainment Venue

      Fully operational entertainment venue in central Escanaba with growth potential.
      224 Stephenson Avenue, Escanaba, MI 49829
      View Details
    • $250,000
      1,834 SF

      Established Retail Business Opportunity

      Well-established retail business with excellent reputation and loyal customer base.
      816 Ludington Street, Escanaba, MI 49829
      View Details
    • $249,900
      9,400 SF

      Escanaba Commercial Business Opportunity

      Downtown commercial space with hardwood floors and high ceilings.
      815 Ludington Street, Escanaba, MI 49829
      View Details
    • $270,000
      2,300 SF

      Established Bar with Outdoor Patio

      Well-maintained bar with loyal clientele and expansion potential.
      1530 Sheridan Road, Escanaba, MI 49829
      View Details
    • $575,000
      4,400 SF

      High-Visibility Commercial Building in Escanaba

      Prime commercial property with high traffic and endless potential.
      201 N Lincoln Street, Escanaba, MI 49829
      View Details
    • $550,000
      2,164 SF

      Turnkey Bar and Apartment Potential

      Escanaba bar with apartment, offering business and rental income.
      1117 Ludington Street, Escanaba, MI 49829
      View Details
    • $149,900
      1,490 SF

      Escanaba Renovated Multi-Family Duplex

      Recently renovated duplex one block from Ludington Street.
      105 N 19th Street, Escanaba, MI 49829
      View Details

    FAQs

    What type of property is this?
    Retail property - Freestanding building with high visibility and access in Escanaba.
    Where is this retail property located?
    The property is located at 601 N Lincoln Road Escanaba, MI.
    What are key features of this property?
    This property features: Freestanding building suitable for retail, restaurant, or multi‑tenant use.; Located just off a main commercial highway corridor in Delta County.; Good visibility and access.
    We can help!
    Listing Contact
    Yoni Zvi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    601 N. Lincoln Road, Escanaba, MI, 49829
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!