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    111 Lk St Au Sable Charter Township, MI 48750

    Sponsored
    For Sale
    $415,000

    Brand new industrial warehouse, office space.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000 square foot industrial property, located at 111 S Lake St in Au Sable Charter Township, Michigan (48750), presents a unique investment opportunity. Boasting brand new construction professionally completed by a custom home builder, this versatile space features a combination of office, showroom, and warehouse areas, ideal for a contractor or similar business. The warehouse itself measures approximately 33' x 40', offering 16' high walls, two 14' overhead doors, and heated floors with temperature control. Two 100-amp panels service the office areas, while two 220-amp panels power the shop/warehouse. The property sits on a 0.37-acre lot, zoned Commercial C-2 General Business, allowing for a range of commercial uses. There's even potential for future expansion with additional building space available at the rear of the lot. This turnkey operation is ready for immediate occupancy and offers a compelling blend of functionality and modern amenities. Don't miss this chance to acquire a high-quality, newly constructed industrial property in a desirable location.

    Property Features for 111 Lk St

    General Information

    Property type
    Distribution properties
    Square Feet
    3,000 SF
    Lot Size
    16,117 SF

    HighLights

    • 3,000 SF newly constructed industrial building in Au Sable Charter Township, MI (48750).
    • Versatile space with office, showroom, and warehouse areas, ideal for a contractor.
    • Warehouse features 16' high walls, two 14' overhead doors, and heated floors.
    • Separate electrical service: two 100‑amp panels for offices, two 220‑amp panels for the shop/warehouse.
    • 0.37‑acre lot, C‑2 zoning, with potential for future expansion.
    • Turnkey property ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Play That Toon ... Marina

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Au Sable Charter Township
    County
    Iosco
    State
    Michigan
    Longitude
    -83.3282557
    Latitude
    44.4152016

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    FAQs

    What type of property is this?
    Distribution property - Brand new industrial warehouse, office space.
    Where is this distribution property located?
    The property is located at 111 Lk St Au Sable Charter Township, MI.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: 3,000 SF newly constructed industrial building in Au Sable Charter Township, MI (48750).; Versatile space with office, showroom, and warehouse areas, ideal for a contractor.; Warehouse features 16' high walls, two 14' overhead doors, and heated floors.
    Request Owner's contact information
    111 Lk St Au Sable Charter Township, MI 48750
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    Realmo Value Estimation

    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.

    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.

    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
    111 Lk St Au Sable Charter Township, MI 48750
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