4205 M-113, Kingsley, MI 49649
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.
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.