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    OFF-MARKET
    Land

    12877 Us-31, Charlevoix, MI 49720

    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.2-acre commercial property boasts 200 feet of high-visibility frontage on US-31, just north of downtown Charlevoix, Michigan. Located at 12877 US-31 N, Charlevoix, MI 49720, this strategically positioned land offers significant redevelopment potential. Currently zoned commercial, it's approximately 1.5 miles from the heart of Charlevoix, ensuring convenient access to amenities and a thriving community. The property's prominent location on a major thoroughfare guarantees substantial exposure for any commercial venture. While an existing residence is present and occupied on a month-to-month basis, all structures are sold "as is," presenting a unique opportunity for a complete redevelopment project tailored to the buyer's vision. The asking price for this remarkable opportunity is $499,000. This is an ideal location for businesses seeking high visibility and easy access to Charlevoix's vibrant downtown area. Don't miss this chance to acquire a prime piece of commercial real estate in a desirable Michigan location.

    Property profile
    Verified
    Property type Land
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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