Standalone Office
For Sale
$399,000
6536 N M-66 Highway, Charlevoix, MI 49720
Commercial/Industrial, Charlevoix, MI
Property Size2,500 SF
Lot Size0.52 Acres
Price / SF$159.60
Days on Market97
Property Features for 6536 N M-66 Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Com
Elementary school district
Charlevoix
Middle school district
Charlevoix
High school district
Charlevoix
Directions
From US 31 turn onto M 66 N, property is on the left in the old Kmart parking lot.
Subdivision
Charlevoix City
Standard status
Active
APN
004-035-012-50
Size
2,500 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
See Attached
Legal Description
See Attached
Amenities
secure, walk-in vault
Building Details
Year built
2010
Listing Agency:
Berkshire Hathaway HomeServices Real Estate
(231) 547-9905
Listed By:
A. Mitts Lee
(231) 675-1977
Added: Jul 2
Changed: Aug 19
Last Checked: Oct 6 at 2:06AM
MLS# 479219
Copyright © 2026 Northern Michigan MLS. 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 standalone office building provides 2,500 square feet of professional workspace in a configuration that includes a lobby, multiple private offices, and a dedicated conference room. A secure walk-in vault and existing parking add practical functionality for a range of office operations. Built in 2010, the property is zoned Com.
The building is positioned along the M-66 corridor, approximately 4 miles from downtown Charlevoix. Its location in Charlevoix, Michigan, combines a visible highway setting with convenient proximity to the downtown area.
The building is positioned along the M-66 corridor, approximately 4 miles from downtown Charlevoix. Its location in Charlevoix, Michigan, combines a visible highway setting with convenient proximity to the downtown area.
Key Highlights
- 2,500‑square‑foot standalone office building
- Built in 2010 and zoned Com
- Located on the M‑66 corridor, 4 miles from downtown Charlevoix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,570
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,400
$491.4K
Cap Rate 7%
$351,000
$351.0K
Cap Rate 9%
$273,000
$273.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$42.0K $16.80/SF
− Vacancy
−$9.2K −$3.70/SF
EGI
$32.8K $13.10/SF
− OpEx
−$8.2K −$3.28/SF
NOI
$24.6K $9.83/SF
Area
Charlevoix County, MI
Vacancy
22.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,400
Cap Rate 7%
$351,000
Cap Rate 9%
$273,000
Alternative Uses
Best Use
Office B
$351.0K
$307.1K – $409.5K
NOI $24,570 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.1K
$442.8K – $590.4K
NOI $35,424 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 49720, MI
9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Professional office layout with private rooms, conference space, secure vault, and on-site parking.
Where is this office building located?
The property is located at 6536 N M-66 Highway Charlevoix, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,500‑square‑foot standalone office building; Built in 2010 and zoned Com; Located on the M‑66 corridor, 4 miles from downtown Charlevoix
