8175 Prt St Port Austin, MI 48467
This unique 7,081 square foot industrial property in Port Austin, Michigan, offers a compelling investment opportunity. Built in 1950, this single-story building sits on a 0.25-acre lot and features robust construction, including cement walls estimated at 2-3 feet thick. The property includes a loading dock and two dock-high doors, ideal for efficient material handling. The interior layout is versatile, encompassing numerous offices, conference rooms, warehouse space, bunk rooms, and ample storage. Zoned for commercial use, this vacant property presents significant potential for diverse applications. Its history as part of the Port Austin Air Force Station, a fortified site from the 1950s, adds to its unique character. The asking price is $315,000, translating to $44.49 per square foot. Located approximately one mile from downtown Port Austin, this property offers convenient access to local amenities and infrastructure. The property's substantial construction and flexible layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a piece of history with significant potential for future development.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.