Property profile

4205 M-113 Kingsley, MI 49649

OFF-MARKET
Industrial properties
4,000 SF 2.88 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional Kingsley, MI property offers a unique blend of commercial and residential income potential. Situated on a desirable 2.88-acre lot with convenient highway frontage just east of Kingsley, this family-owned property includes a substantial 4,000-square-foot industrial shop building and a mobile home currently generating rental income. The shop boasts impressive 16-foot ceilings, a large 14-foot overhead door for easy access, efficient radiant heat for comfortable year-round use, and well-appointed office/work rooms to accommodate various business needs. Additional features include a dedicated shop restroom, a versatile mezzanine level offering extra storage or workspace, and recently upgraded energy-efficient LED lighting throughout. The mobile home is currently leased on a month-to-month basis, providing a consistent stream of rental income. Adding to the property's appeal is a picturesque pond stocked with bass, bluegill, and walleye, offering a tranquil setting and recreational opportunities. This property presents a rare opportunity to acquire a versatile commercial space with existing income streams and attractive outdoor amenities in a highly desirable location. The asking price is $400,000. This is an ideal investment for a business owner seeking a combination of workspace and rental income or an investor looking for a strong return on investment.

Property profile

Verified
Property type Industrial properties
Year built 1972
Total area 4,000 SF
Lot 2.88 ac (125,453 SF)

Cap rate & NOI

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

Location

4205 M-113 Kingsley, MI 49649
Kingsley 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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