12877 Us-31, Charlevoix, MI 49720
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.
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
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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.