Technical
Financial
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Property profile

533 N Manistique, MI 49854

OFF-MARKET
Industrial properties
7,000 SF 9.42 ac lot
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Industrial properties
Total area 7,000 SF
Lot 9.42 ac (410,335 SF)

Cap rate & NOI

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

Location

533 N Manistique, MI 49854
Manistique 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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