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    OFF-MARKET
    Industrial properties

    4205 M-113, Kingsley, MI 49649

    4,000 SF 2.88 ac lot Built 1972
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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