3320 Us-31 Manistee, MI 49660
This exceptional 11,400-square-foot industrial property, situated on a spacious 5.02-acre lot, presents a unique investment opportunity. The property, formerly a semi-truck and trailer service facility, boasts two single-story buildings totaling 11,400 square feet, all currently vacant. Built in 1968 and extensively renovated in 2022, the property features a 16-foot ceiling height, three drive-in doors, and robust 240/3-phase power, making it ideal for a variety of manufacturing or warehousing operations. The extensive renovations included a complete exterior repainting and landscaping upgrade. Interior improvements are equally impressive, encompassing upgraded offices, new lighting fixtures throughout, a newly constructed restroom, a dedicated employee break area, and a brand-new HVAC system in the office space. The expansive lot includes a large concrete-paved yard, perfect for trailer parking and outdoor storage, adding significant operational flexibility. The property is zoned AG/RES, offering potential for various uses. This turnkey facility is ready for immediate occupancy, offering a rare combination of size, functionality, and recent upgrades in a desirable location. The property's history as a well-maintained service facility speaks to its structural integrity and suitability for demanding industrial applications. This is a prime opportunity to acquire a fully renovated, ready-to-use industrial space with ample outdoor area.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.