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    Mancelona, MI

    Mancelona, MI Commercial Real Estate for Sale

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    US 131 Flex Building
    Updated: Jun 15
    US 131 Flex Building

    5240 S US-131, Mancelona, MI 49659

    $224,900
    2,800 sqft 4.29 AC lot
    2,800‑square‑foot flex building on approximately 4.29 acres
    40‑by‑60‑foot shop area with cement floor
    Two 14' tall doors, each 13' wide
    Three‑ton crane installed in the shop
    Approximately 140' frontage on US 131
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    This listing looks promising.

    Here's a quick look at some key insights for

    5240 S US-131, Mancelona, MI 49659

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $263K
      Above asking
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    Irrigated Farmland with Pole Barn
    Updated: May 2
    Irrigated Farmland with Pole Barn

    808 Kresnak Road, Mancelona, MI 49659

    $239,000
    10.00 AC lot
    10‑acre property with fenced and irrigated 6.75 acres
    3‑year‑old 64x40 pole barn with 3 phase power and cable internet
    Water irrigation system with PH control
    Walk‑in cooler included on‑site
    High‑tech security system and sprinkler system
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    Residential Acreage with Pole Barn
    Residential Acreage with Pole Barn

    9526 Johnson Road, Mancelona, MI 49659

    $149,900
    10.00 AC lot

    A 10-acre residential-zoned parcel near Mancelona with a 3-stall pole barn, water hookups, and power.

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    Steel Hangar with Runway Access
    Steel Hangar with Runway Access

    8862 Pineview Drive, Mancelona, MI 49659

    $499,999
    4,800 sqft 1.88 AC lot

    Brand-new 2024 steel hangar on 1.88 acres with a large hydraulic door, 400-amp service, and direct runway entry access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Grocery Store With Gas Station
    Grocery Store With Gas Station

    11380 NE Starvation Lake Road, Mancelona, MI 49659

    $328,500
    1,380 sqft

    Commercial property combines retail food sales, fuel service, a full kitchen, and RV sites with full hookups.

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    Cleared Agricultural Land Parcel
    Cleared Agricultural Land Parcel

    Kresnak Road, Mancelona, MI 49659

    $79,000
    10.00 AC lot

    Mostly cleared 10-acre parcel with 1,320 feet of road frontage and municipal water along the frontage.

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    Unzoned Acreage Near US-131
    Unzoned Acreage Near US-131

    47.85 AC Wetzel Lake Road, Mancelona, MI 49659

    $215,325
    47.85 AC lot

    47.85 acres of unzoned land in Antrim County.

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    US-131 Frontage Commercial Property
    US-131 Frontage Commercial Property

    Mancelona, MI 49659

    $255,000
    6.00 AC lot

    Commercial property with office, shop space, and storage.

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    Turn-Key Campground Property with Cabins
    Turn-Key Campground Property with Cabins

    VL 10acres Amanda Court, Mancelona, MI 49659

    $114,900
    10.03 AC lot

    10.03-acre wooded campground setup with multiple campsites, picnic areas, two RVs, and cabins for off-grid recreation.

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    Pole Building Warehouse with Overhead Doors
    Pole Building Warehouse with Overhead Doors

    S M-66 lot: 2, Mancelona, MI 49659

    $164,900

    Brand new pole building with a concrete floor, full electric, 16' sidewalls, and two 12x14 overhead doors.

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    Party Store, Gas Station, RV
    Party Store, Gas Station, RV

    Mancelona, MI 49659

    Contact for pricing
    1,380 sqft

    Thriving business with gas, store, and RV hookups near lake.

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    64x40 Pole Building with Two Doors
    64x40 Pole Building with Two Doors

    S M-66 lot: 3, Mancelona, MI 49659

    $179,000

    Brand new 64x40 pole building with 16' sidewalls, concrete floor, and two 12x14 overhead doors.

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    Mancelona Land Development Opportunity
    Mancelona Land Development Opportunity

    US-131 Highway, Mancelona, MI 49659

    $139,900
    9.90 AC lot

    9.9 acre commercial land near Torch Lake with highway frontage.

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    Specialty Property For Auction
    Specialty Property For Auction

    1680 Plum Valley Rd NE, Mancelona, MI 49659

    Contact for pricing
    2.99 AC lot

    Specialty property offered for sale, with auction opening Monday, May 11, 2026.

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    LAND - Mancelona, MI
    LAND - Mancelona, MI

    S Westwood, Mancelona, MI 49646

    $41,900
    5.00 AC lot

    Agricultural land / Farmland · 5.00 Acres

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    Irrigated Farm Property with Pole Barn
    Irrigated Farm Property with Pole Barn

    808 Kresnak Rd, Mancelona, MI 49659

    $239,000

    Square 10-acre farm with fenced and irrigated 6.75 acres, plus a 3-year-old 64x40 pole barn and irrigation controls.

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    Agricultural Farmland Parcel
    Agricultural Farmland Parcel

    1680 Plum Valley Rd NE, Mancelona, MI 49659

    Contact for pricing
    2.99 AC lot

    For-sale farmland parcel offered for ownership, subject to applicable land-use regulations and approvals.

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    Recreational Cannabis Farm Land
    Recreational Cannabis Farm Land

    568 E Simpson Rd, Mancelona, MI 49659

    Contact for pricing
    29.42 AC lot

    Flat, cleared agricultural land totaling 29.42 acres, subdivided into 6 lots with electrical on site.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Mancelona, MI, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mancelona, MI

    Consider similar Off-Market properties in Mancelona, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    120 State St
    COMMERCIAL (GENERAL)

    120 State St, Mancelona, MI 49659-8048

    $200,000
    Estimated value
    View details
    405 Dl Ave
    COMMERCIAL (GENERAL)

    405 Dl Ave, Mancelona, MI 49659-9328

    $150,000
    Estimated value
    3,840 sqft 0.66 AC lot
    View details
    102 State St
    COMMERCIAL (GENERAL)

    102 State St, Mancelona, MI 49659-8048

    $70,000
    Estimated value
    3,452 sqft 0.14 AC lot
    View details
    111 State St
    COMMERCIAL (GENERAL)

    111 State St, Mancelona, MI 49659-8048

    $50,000
    Estimated value
    2,375 sqft 0.06 AC lot
    View details
    Mancelona, MI 49659
    VACANT COMMERCIAL LAND

    Mancelona, MI 49659

    Value Estimation by Request
    View details
    108 Monroe St
    COMMERCIAL (GENERAL)

    108 Monroe St, Mancelona, MI 49659-7970

    Value Estimation by Request
    22.00 AC lot
    View details

    Mancelona, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Mancelona, MI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 10,360 square feet of properties for sale, with an estimated market value of $2,871,224.

    Sale prices for business properties in Mancelona, MI start at $41,900, averaging $205,087, and reaching up to $499,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,226
    Population Growth (5Y) +8.3%
    Median Household Income $59,092
    College Educated 26.1%

    High-Yield Neighborhoods for Investment

    Identify Mancelona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49659 $209.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.30%
    Property Tax per SF $48.26 per SF
    Tax Rate vs County Average 0.98 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Antrim County

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