6819 M-37 Unit 44/45 Kingsley, MI 49649
This expansive 2,000 square foot mixed-use commercial unit is ideally situated just five minutes south of Chums Corner on M-37 in Kingsley, Michigan. Part of the Mayfield Condo Barns community, this property boasts high-quality construction and offers significant potential. The unit measures 50 feet by 40 feet with a 16-foot ceiling height. Currently uninsulated and unheated, it features a robust 100-amp electrical service, 14x14 overhead doors, a 5-foot concrete approach, a shingled roof, and convenient service entrances. The reinforced concrete floor (4") provides a durable foundation. Easy access is ensured by paved roadways directly off M-37. While currently unheated and uninsulated, upgrades are possible, including the addition of mini-split heating and cooling, insulated overhead doors and walls, and steel-lined interior walls. Note that an upgraded, insulated, and heated unit of comparable size would be priced at $179,900. This property presents a unique opportunity for buyers seeking a large, adaptable space at a competitive price point. The listing price reflects the current uninsulated and unheated condition. Financing options are available.
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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