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Renovated Medical Office Building
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813 E Lake Shore Dr, Manistique, MI 49854

Veterans Affairs outpatient clinic with updated systems and a long-term gross lease in place.

Property Size4,100 SF
Lot Size1.88 Acres
Days on Market141

Property Features for 813 E Lake Shore Dr

General Information

Standard status Active
Size 4,100 SF
Lot size 1.88 Acres
Property subtype Office

Building Details

Year Built 1997
Year Renovated 2019
Building Size 4,100 SF
Tenancy Single
Listing Agency: Marcus & Millichap - Detroit
Listed By: David Weinberg · License #MI 6501339495
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:47AM

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 Marcus & Millichap - Detroit

Investment Insights

Based on property information with market context.

This medical office property in Manistique includes a 4,100-square-foot building on 1.88 acres. Constructed in 1997 and renovated in 2019, the improvements include upgraded tele-data, IT infrastructure, electrical, and HVAC systems. A 3,196-square-foot suite is occupied by a Veterans Affairs outpatient clinic providing primary and specialty medical services, along with pharmacy operations.

The 10-year gross lease began in August 2019 and runs through July 2029. Its structure includes a firm initial five-year period and a government termination right before the second five-year period. A 0.85% rent increase applies during the second five years. Ownership responsibilities include maintenance of the property and exterior premises, with third-party management available. The clinic is located at 813 E Lake Shore Dr in Manistique, near Lake Michigan and surrounding state and national forest land.

Key Highlights

  • 4,100‑square‑foot medical office building on 1.88 acres
  • 3,196‑square‑foot suite occupied by a Veterans Affairs outpatient clinic
  • Constructed in 1997; renovated in 2019

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Law Firm Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49854, MI

6,211
Population
4,307
Households
1.4
Avg Household Size
52
Median Age
21%
College-Educated
89%
High-School Grad
473.9 sq mi
ZIP Area
13
Density / Sq Mi
$57,212
Median Household Income
$33,705
Median Earnings
$653
Median Rent
$117,500
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Veterans Affairs outpatient clinic with updated systems and a long-term gross lease in place.
Where is this medical office space located?
The property is located at 813 E Lake Shore Dr Manistique, MI.
What are key features of this property?
This property features: 4,100‑square‑foot medical office building on 1.88 acres; 3,196‑square‑foot suite occupied by a Veterans Affairs outpatient clinic; Constructed in 1997; renovated in 2019
(248) 415-2612 Call to check price and availability
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