195 M-66 Charlevoix, MI 49720
- Retail properties
- 11,180 SF
- 1.13 lot acres
Current Use by Public Records
- Retail properties
Property Details for 195 M-66
- Year built
- 1996
- Lot size
- 1.13 lot acres
- Property size
- 11,180 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 11,180-square-foot retail building in Charlevoix, Michigan, presents a compelling investment opportunity. Located at 195 M-66, this Class B property boasts a prime location within the main retail center, anchored by a Family Fare Grocery Store, and benefits from high visibility on M-66, with excellent exposure from the intersection of US 31 and M-66 (combined AADT 27,930+). Built in 1996 and renovated in 2018, the single-story building sits on a 1.13-acre lot and features 43 parking spaces (41 standard, 2 accessible), including a convenient drive-thru window. The property's previous tenant, a drug store, generated $5.8 million in sales within the past 12 months, showcasing its strong retail potential. The building includes a brand-new roof installed in 2022, complete with a 20-year transferable warranty. Zoned for commercial use, this property offers easy ingress and egress, making it ideal for a variety of retail businesses. The asking price is $1,699,000 ($151.97 per square foot). The property is corporately owned and the APN is 052-335-025-40. A virtual tour is available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlevoix
- County
- Charlevoix
- State
- Michigan
- Longitude
- -85.2582
- Latitude
- 45.3024
