Property profile

1875 Little Lk Rd Little Lake, MI 49833

OFF-MARKET
Industrial properties
1,600 SF 0.81 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional 1,600-square-foot flex space, situated on a 0.81-acre lot in Little Lake, Michigan, presents a unique commercial opportunity. Built in 1950, the property boasts a welcoming showroom and reception area, perfect for client interaction. A substantial 30x32 garage provides ample space for operations, storage, or workshop activities. A half bathroom adds to the property's functionality. The building benefits from excellent highway visibility and easy access, ensuring high customer traffic. Its location near Gwinn, snowmobile trails, and numerous inland lakes offers strong potential for attracting a diverse clientele. The property features 220-amp electric service. An existing barn, believed to date back to the 1890s, offers additional storage and may hold historical significance, adding to the property's overall value. The ample lot size allows for potential expansion or outdoor activities. Priced at $149,900 ($93.69/sq ft), this property represents a compelling investment opportunity for a variety of businesses. The zip code is 49833.

Property profile

Verified
Property type Industrial properties
Year built 1950
Total area 1,600 SF
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1875 Little Lk Rd Little Lake, MI 49833
Little Lake metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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