Main St, Onekama, MI 49675
This exceptional 970-square-foot property in the charming village of Onekama, Michigan, presents a unique investment opportunity. Situated on two combined lots totaling 0.23 acres, this versatile space boasts 100 feet of road frontage on two sides, plus convenient alley access. Currently vacant, the building was previously used as a dentist's office approximately seven years ago and requires updating. Zoned for commercial use, it also allows for residential applications, opening doors to a variety of possibilities, from establishing a small business to developing tiny homes. Imagine the possibilities! The property's prime location offers unparalleled convenience, with easy walking access to Onekama's vibrant village center. Enjoy nearby parks, a picturesque beach, boat launch, marinas, shops, and restaurants. A tranquil walk-in park just steps away provides a perfect spot to relax and watch the sunset over Portage Lake, which connects to the Lake Michigan channel. This property's combination of location, zoning flexibility, and ample space makes it an ideal investment for those seeking a unique opportunity in a desirable Michigan community. The two lots, each measuring 100x50 feet, provide ample room for expansion or development. Don't miss this chance to own a piece of Onekama's thriving village life.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.