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    Mancelona, MI
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    Mancelona, MI Office Spaces for Sale

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    Bellaire, MI Alba, MI Elmira, MI
    Industrial Building with Crane
    Updated: Jun 15
    Industrial Building with Crane

    5240 S US-131, Mancelona, MI 49659

    $224,900
    2,800 sqft · 4.29 AC lot
    Commercial building with frontage on US 131 and approximately 140' frontage
    Shop area 40' x 60' with cement floor and steel exterior
    Includes 2 - 14' tall doors, each 13' wide
    On‑site features include 3‑ton crane, 2 offices, and 1 bathroom
    4.29 acres +/- total lot size
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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

      5.3%
      NOI ÷ price

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $171K
      Suggested
    View Property Analytics
    US-131 Frontage Commercial Property
    Updated: Mar 11
    US-131 Frontage Commercial Property

    Mancelona, MI 49659

    $255,000
    6.00 AC lot
    Over 500' of US‑131 frontage offers high visibility and accessibility.
    Heated shop space with a chain fall crane provides immediate functionality.
    6‑acre property bordering N Wheeler Lake Road allows for expansion.
    Quonset hut provides substantial additional storage or workspace.
    Remodeled in 2015 with new tin on both buildings and office reconstruction.
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mancelona, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Property with Office Building
    Live-Work Property with Office Building

    6704 Rapid City Road NW, Rapid City, MI 49676

    $274,900
    1,536 sqft · 5.06 AC lot

    Former kennel building with office, reception, bath, and laundry plus a 2-bed residence on commercial zoning.

    View details
    Remodeled Retail/Office Building
    Remodeled Retail/Office Building

    103 S Division Street, Bellaire, MI 49615

    $265,000
    1,400 sqft · 0.23 AC lot

    Remodeled, handicap-accessible building with parking easement and flexible interior suited for retail or office uses.

    View details
    Parcel with Office-Retail Building
    Parcel with Office-Retail Building

    9490 Rapid City Road NW, Rapid City, MI 49676

    $330,000
    1,792 sqft · 1.43 AC lot

    A 1.43-acre parcel with a 1,792 SF office/retail building and highway frontage on Rapid City Rd. NW.

    View details
    Front Porch Retail and Office Building
    Front Porch Retail and Office Building

    732 E Cayuga Street, Bellaire, MI 49615

    $289,000
    2,400 sqft · 0.46 AC lot

    Finished main-level space with an unfinished upper level offers flexible retail, office, or live-work conversion options.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

    View details
    Commercial Land Parcel with Corner Access
    Commercial Land Parcel with Corner Access

    M-72, Williamsburg, MI 49690

    $550,000
    13.60 AC lot

    Commercial-zoned land with an MDOT curb cut underway and rezoning effort for nearby acreage in process.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    M-72, Williamsburg, MI 49690

    $650,000
    11.00 AC lot

    Development-ready commercial land on M-72 with utility access nearby and available engineering reports.

    View details
    Versatile Land in Gaylord
    Versatile Land in Gaylord

    Gaylord, MI 49735

    $95,000
    0.99 AC lot

    B2-zoned property suitable for commercial or residential use.

    View details

    Mancelona, MI Office Spaces Market Trends and Statistics

    Explore 2 office spaces for sale in Mancelona, MI on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $224,900.

    Sale prices for office spaces in Mancelona, MI start at $224,900, averaging $224,900, and reaching up to $224,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 2

    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 $224.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

    Total CRE Inventory on Market (SF)

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