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    OFF-MARKET
    Industrial properties

    4178 Us 2&41, Escanaba, MI 49829

    2,240 SF 0.14 ac lot Built 1976
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,240-square-foot industrial property in Escanaba, Michigan, presents a remarkable opportunity for entrepreneurs and investors alike. Located on US Highway 2&41, this 0.14-acre lot boasts over 115 feet of highly visible highway frontage, ensuring maximum exposure for any business. The building itself features a recently updated high-grade steel exterior, providing both aesthetic appeal and lasting durability. Inside, a spacious reception area welcomes clients, leading to a well-equipped garage featuring three new overhead doors (12x12, 10x12, and 10x9) for convenient access and versatile use. The interior is thoughtfully designed with a comprehensive plumbing system and air lines installed throughout for optimal functionality. Recent spray foam insulation on the exterior walls enhances energy efficiency, reducing operational costs. A professional-grade vehicle spray booth is included and its sale is negotiable. Previously operated as an automotive customization/repair shop since 2015, this property is ideally suited for a variety of commercial uses, offering a blend of functionality, visibility, and modern upgrades. This is a rare opportunity to acquire a well-maintained, strategically located industrial space with significant potential.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1976
    Total area 2,240 SF
    Lot 0.14 ac (6,098 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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