4914 C Main, Onekama, MI 49675
This exceptional 970-square-foot commercial property, located at 4914 C Main in the charming village of Onekama, Michigan, presents a unique investment opportunity. Situated on two combined lots totaling 0.23 acres, this property boasts 100 feet of road frontage on two sides, plus convenient alley access. Previously used as a dentist's office, the building is currently vacant and requires renovation. Its versatile zoning allows for both commercial and residential use, opening up a wide range of possibilities. Imagine establishing a thriving business in this high-traffic area, or developing the site into a unique residential property, perhaps utilizing the space for tiny homes. The property's prime location offers unparalleled convenience, with easy walking access to Onekama's vibrant village center. Enjoy nearby parks, a beautiful beach, boat launch, marinas, shops, and restaurants. A picturesque walk-in park just steps away provides a tranquil setting to watch sunsets or launch a kayak onto Portage Lake, leading to the stunning waters of Lake Michigan. The property's potential is vast, making it an ideal investment for those seeking a project with significant upside in a desirable location. The asking price is $175,000.
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
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Property description
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