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    3020 Mackinac Trl St. Ignace, MI 49781

    For Sale
    $399,500

    Prime Location, 5812 sq ft

    Property size:
    5,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 5,812 square foot commercial building in St. Ignace, Michigan, presents a unique investment opportunity. Located across from the Kewadin Casino and offering easy access to I-75, this property boasts a prime location for various businesses. Previously a restaurant, the building is now completely gutted, providing a blank canvas for your vision. Features include a wall of glass windows overlooking a wooded area, three-phase power, and a solid floor with heavy load capabilities. Recent repairs have prepared this building for immediate occupancy. The expansive space is suitable for a wide range of uses, including manufacturing, long-term care facilities, tourism-related retail, or professional office space. The asking price is $399,500, with a price per square foot of $83.45. This is the only commercial building currently available in the St. Ignace area. A separate, smaller brick ranch home is also available for an additional $150,000. The property sits on a county-maintained road, approximately four miles north of the Mackinac Island ferries. This is a rare opportunity to acquire a substantial commercial property in a desirable location. The Net Lease (NNN) structure offers flexibility for the new owner. The building is currently vacant.

    Property Features for 3020 Mackinac Trl

    General Information

    Property type
    Restaurants
    Square Feet
    5,812 SF

    HighLights

    • 5,812 SF commercial building in St. Ignace, MI, priced at $399,500 ($68.71 PSF).
    • Across from Kewadin Casino with I‑75 access.
    • Completely gutted, ready for immediate occupancy.
    • Features include large windows, three‑phase power, and heavy‑duty flooring.
    • Suitable for various uses, including manufacturing, healthcare, retail, or office.
    • Separate brick ranch home available for $150,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Ignace
    County
    Mackinac
    State
    Michigan
    Longitude
    -84.7373317
    Latitude
    45.9272942

    Nearby Comparable

    • $2,200,000
      51.33 Acres

      Waterfront Land Near St. Ignace

      51-acre waterfront property with development potential near St. Ignace, MI.
      2915 Mackinac Trl, Saint Ignace, MI 49781
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    • $299,500

      1112 State St

      Land
      1112 State St, St. Ignace, MI 49781
      View Details
    • $200,000
      9,500 SF

      9500 SF Building on a large .07 AC Lot For Sale

      9500 SF Building on a large .07 AC Lot For Sale
      334 N State, St Moran Township, MI 49781
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    • $280,000
      0.37 Acres

      Waterfront Vacant Lot in St. Ignace

      Rare waterfront vacant lot in downtown St. Ignace, Michigan.
      S State St, Saint Ignace, MI 49781
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Location, 5812 sq ft
    Where is this restaurant located?
    The property is located at 3020 Mackinac Trl St. Ignace, MI.
    What is the asking price?
    The asking price for this property is $399,500.
    What are key features of this property?
    This property features: 5,812 SF commercial building in St. Ignace, MI, priced at $399,500 ($68.71 PSF).; Across from Kewadin Casino with I-75 access.; Completely gutted, ready for immediate occupancy.
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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
    3020 Mackinac Trl St. Ignace, MI 49781
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