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Operating Sawmill Manufacturing Property

N16145 Gw Avenue H.5, Spalding, MI 49886

For Sale
$624,900

COM/IND/BUS OPP, Spalding, MI

Property Size4,275 SF
Lot Size7.52 Acres
Price / SF$146.18
Days on Market57

Property Features for N16145 Gw Avenue H.5

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial,Industrial
Zoning description Commercial, Industrial
Lot features Rural, Cleared
Subdivision Spalding Twp (55023)
Standard status Active
Size 4,275 SF
Lot size 7.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1631

Utilities

Water source Private

Building Details

Year built 1998
Listing Agency: STATE WIDE REAL ESTATE OF ESCANABA
Listed By: MIKE HARRIS · License MI #205616
Added: Sep 19 Changed: Oct 8 Last Checked: Nov 14 at 4:06AM
MLS# 50222394

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This manufacturing property includes an operating sawmill business, two buildings totaling approximately 4,275 square feet, and approximately 7.52 acres. The sale includes the land, buildings, equipment, and most items located on the property; a detailed equipment list is available to qualified buyers. The operation has existing business contacts, a customer base, and a history of sales.

Truck access supports ongoing movement to and from the property. The seller is prepared to assist with the initial transition, including introductions to existing customers and business contacts. Current employees are also willing to remain if desired by the new owner. The property is zoned Commercial, Industrial and uses a private water source.

Key Highlights

  • Operating sawmill business with established customer base and business contacts
  • Approximately 7.52 acres with two buildings totaling approximately 4,275 square feet
  • Equipment, buildings, land, and most items at the property included in the sale

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Discount Store

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 49886, MI

423
Population
217
Households
1.9
Avg Household Size
49
Median Age
12%
College-Educated
88%
High-School Grad
4.0 sq mi
ZIP Area
106
Density / Sq Mi
$72,083
Median Household Income
$45,446
Median Earnings
$123,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Operating sawmill with buildings, equipment, customer relationships, and truck access for continued manufacturing use.
Where is this manufacturing property located?
The property is located at N16145 Gw Avenue H.5 Spalding, MI.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Operating sawmill business with established customer base and business contacts; Approximately 7.52 acres with two buildings totaling approximately 4,275 square feet; Equipment, buildings, land, and most items at the property included in the sale
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