10783 Us-131 Mancelona, MI 49659
- Industrial properties
- 1,500 SF
- 4.46 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 10783 Us-131
- Year built
- 1975
- Lot size
- 4.46 lot acres
- Property size
- 1,500 SF
- Property type
- Industrial properties
Description
This exceptional 1,500 square foot industrial property is strategically located just south of Mancelona, Michigan, on highly visible US-131, ensuring maximum exposure for your business. The building boasts a substantial 30' x 50' footprint, featuring a 14'+ ceiling height and a large 13' x 12' overhead door with a clearance of 13'+, ideal for accommodating large equipment and vehicles. Power is provided by a robust 225 amp breaker panel. The property sits on a generous 4.46-acre lot, offering ample space for expansion or outdoor operations. A 5" well is also on the property. Previously utilized as a mechanic shop servicing large equipment, including semi-trucks and oilfield rigs, this versatile space presents numerous possibilities for a variety of industrial uses. The perimeter of the property appears to be marked with pipe. The building's year of construction is estimated. The seller is open to considering a land contract for qualified buyers, requiring a minimum 25% down payment (approximately $45,000 or more), a 15-year term, and a 7% interest rate. This presents a unique opportunity to acquire a well-situated industrial property at an attractive price.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mancelona
- County
- Antrim
- State
- Michigan
- Longitude
- -85.0833
- Latitude
- 44.876
