11428 Us-31 Williamsburg, MI 49690
This exceptional 2,800 square foot industrial property boasts a prime location on US-31, just south of Elk Rapids, offering unparalleled visibility and convenient access. Situated on a generous 1.53-acre lot, the building provides ample space for a diverse range of commercial ventures. The property features a spacious, updated front office area, perfect for client meetings or administrative tasks, creating a professional and welcoming environment. The expansive shop area is ideal for various operational needs, and is equipped with efficient overhead radiated-tube heating ensuring comfortable working conditions throughout the year. The building's design includes space for three car bays, adding to its versatility and functionality. This property presents a unique opportunity for businesses seeking a strategic location with excellent visibility and a functional layout, making it suitable for expansion or new ventures. Its convenient access to US-31 ensures easy transportation and accessibility for clients and employees alike. The combination of a well-maintained building, ample space, and prime location makes this an attractive investment opportunity in a thriving commercial area. The property's size and features make it suitable for a variety of commercial uses, offering significant potential for growth and success. The asking price is $3000.
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.