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    OFF-MARKET
    Industrial properties

    1120 Country Ln, Ishpeming, MI 49849

    11,170 SF 0.8 ac lot Built 1998
    Property ID
    Property summary
    AI-generated overview

    This expansive 11,170 square foot commercial building presents a unique investment opportunity in Ishpeming, MI's vibrant Country Village Business District. Strategically located next to Ace Hardware and Shopko, this property enjoys high visibility and convenient access to a multitude of amenities. Within easy walking distance are hotels, restaurants, a Shell gas station, and other thriving businesses, ensuring a steady flow of potential customers. Originally a movie theater, the building's adaptable layout offers significant potential for a variety of commercial ventures. Imagine transforming this space into a bustling retail center, modern office complex, or a dynamic blend of both. The existing second-story office space provides a ready-made solution for immediate occupancy, while the large ground floor offers ample room for customization. A substantial parking lot ensures convenient parking for employees and customers alike. The property sits on a 0.8-acre lot, providing ample space for expansion or outdoor amenities. This is a rare chance to acquire a well-positioned, versatile commercial property in a thriving business district. The asking price is $399,900. Don't miss this exceptional opportunity to establish your business in a prime location.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1998
    Total area 11,170 SF
    Lot 0.8 ac (34,848 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
    Current use
    Occupant on record · Public records
    • Country Village RV Park Campground & RV Park
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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