6920 Albatross Ave Kewadin, MI 49648
This exceptional 1,400 square foot mixed-use property, located at 6920 Albatross Avenue Unit D-16 in Kewadin, Michigan, presents a unique investment opportunity. The building, a 25' x 56' storage barn, offers ample space for storing recreational vehicles or equipment, and boasts significant potential for conversion into a workshop or even a loft space. The unit features two 16' x 16' insulated electric garage doors, ensuring easy access for larger vehicles and equipment. A concrete floor provides a durable and clean workspace, while the 110-amp service and a dedicated 50-amp outlet cater to the needs of RVs or power-intensive equipment. A raised water spigot at the service door provides convenient seasonal water access. Shared community bathrooms add to the convenience. The property sits on a 0.03-acre lot and is part of a well-maintained community. Association dues cover essential services including dumpster disposal, lawn mowing, snow removal, liability insurance, and exterior building insurance, providing peace of mind and minimizing maintenance responsibilities. This is one of four available units, making it a rare opportunity to acquire a versatile and well-maintained storage and workshop space in a desirable location. Priced at $140,000, this property offers excellent value and potential 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
Similar Nearby for Sale
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.