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Former School Redevelopment Opportunity
For Sale
$325,000

604 Sullivan Avenue, Prudenville, MI 48651

COMMERCIAL - Prudenville, MI

Property Size32,770 SF
Price / SF$9.92
Days on Market348

Property Features for 604 Sullivan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Village Mix Use
Subdivision T22N R3W
Directions South on S. Gladwin Rd to right on Peach Tree
Standard status Active
APN 72-003-015-016-0025
Size 32,770 SF

Taxes and HOA fees

Tax Description -1097/856 - 223- COM 165FT E OF NW COR OF SE 1/4 OF SE 1/4 SEC 15 FOR POB TH S88DEG45'E 306FT TH S0DEG35'09''E 663.13FT TH N88DEG59'W 471FT TH N0DEG35'09''W 396FT TH S88DEG45'E 165FT TH N0DEG35'09''W 264FT TO POB - PART OF SE 1/4 OF SE 1/4 SEC 15 -T22NR
Tax Annual Amount 3931
Legal Description -1097/856 - 223- COM 165FT E OF NW COR OF SE 1/4 OF SE 1/4 SEC 15 FOR POB TH S88DEG45'E 306FT TH S0DEG35'09''E 663.13FT TH N88DEG59'W 471FT TH N0DEG35'09''W 396FT TH S88DEG45'E 165FT TH N0DEG35'09''W 264FT TO POB - PART OF SE 1/4 OF SE 1/4 SEC 15 -T22NR

Utilities

Water source Well

Building Details

Building materials Brick
Listing Agency: CB Schmidt Houghton Lake
Listed By: Candy Hoover · License #6501303360
Added: Aug 19, 2025 Changed: Apr 27 Last Checked: Aug 1 at 7:06AM
MLS# 201836659

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 32,770 square foot property, formerly a school, presents an exceptional investment opportunity. The versatile space is suitable for redevelopment or conversion to commercial, residential, or mixed-use purposes. Its location in Prudenville, MI, near the public beach and Trestle Park, enhances its long-term value and appeal. The property is zoned Village Mix Use.

Key Highlights

  • 32,770 sq ft of versatile space suitable for redevelopment.
  • Ideal for conversion to commercial, residential, or mixed‑use.
  • Prime location near the public beach.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Storage Facility Garden Center Spa & Massage Center

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

145
Businesses Nearby

Demographics for 48651, MI

4,396
Population
3,825
Households
1.1
Avg Household Size
56
Median Age
19%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
62
Density / Sq Mi
$42,938
Median Household Income
$32,917
Median Earnings
$797
Median Rent
$156,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - 32,770 SF former school for commercial/residential redevelopment in Prudenville.
Where is this school located?
The property is located at 604 Sullivan Avenue Prudenville, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 32,770 sq ft of versatile space suitable for redevelopment.; Ideal for conversion to commercial, residential, or mixed‑use.; Prime location near the public beach.
More about this property
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