533 N Manistique, MI 49854
This exceptional Manistique, MI industrial property presents a unique investment opportunity. Situated on a sprawling 9.42-acre lot just minutes from downtown, this 7,000 square foot building offers immense versatility. Currently configured as an automotive body shop, its adaptable layout seamlessly transitions to various uses. The property boasts two main garage areas: a heated and insulated 75x40 foot garage with radiant in-ceiling natural gas heat, and a 65x40 foot cold storage garage. Additional features include two offices, a waiting room, ample storage, and surprisingly, living quarters within the building itself. The expansive layout provides significant space for operations, storage, and potential expansion. A large parking lot with three convenient highway access points ensures easy maneuverability and ample parking for customers and employees. The sale includes the real estate only
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
Similar Nearby for Sale
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.