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    OFF-MARKET
    Industrial properties

    1875 Little Lk Rd, Little Lake, MI 49833

    1,600 SF 0.81 ac lot Built 1950
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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