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Commercial Property on 3.19 Acres

6055 M 99 N, Homer, MI

For Sale
$159,000

Commercial property on a corner lot, suitable for redevelopment.

Property Size15,138 SF
Lot Size3.19 Acres
Price / SF$10.50
Days on Market920

Property Features for 6055 M 99 N

General Information

Standard status Active
Size 15,138 SF
Lot size 3.19 Acres

Taxes and HOA fees

Annual Taxes $5,937
Listing Agency: Exit Realty 1st LLC
Listed By: CHARLES TOBIAS · License #6502378205
Source: Exprealty
Added: May 1, 2024 Changed: Nov 5 Last Checked: Nov 6 at 12:55PM

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 Exit Realty 1st LLC

Rey
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Investment Insights

Based on property information with market context.

This commercial property is situated on 3.19 acres at the corner of M-99 and M60. Zoned C-3, the property is located in a high-traffic area. The existing 15,138 square foot building has operated as a bowling alley, bar, and restaurant for many years. The property is being sold in "as is" condition, and the new owner may want to make a complete overhaul of the existing building. This property may be suitable as a new business site.

Key Highlights

  • Prime corner location at the intersection of M‑99 and M‑60.
  • Zoned C‑3 for commercial use.
  • Large 3.19‑acre lot.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bowling alleys

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Apparel 14% Hotels & Casinos 8%
Holiday Station Store Shops & Services
12,410 visits/mo 0.3 miles
Dollar General Shops & Services
4,686 visits/mo 0.3 miles
Windsor Apparel
3,888 visits/mo 0.1 miles
Family Dollar Shops & Services
3,774 visits/mo 0.1 miles
AmericInn of Iron River MI Hotels & Casinos
2,087 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Bowling alley - Commercial property on a corner lot, suitable for redevelopment.
Where is this bowling alley located?
The property is located at 6055 M 99 N Homer, MI.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Prime corner location at the intersection of M‑99 and M‑60.; Zoned C‑3 for commercial use.; Large 3.19‑acre lot.
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