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Property profile & analytics
OFF-MARKET
Industrial properties

Tbd Arbutus St Manistique, MI 49854

1.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.4-acre industrial property presents a unique opportunity in Manistique's vibrant downtown district. Strategically located adjacent to the bustling Triangle Park and the Lake Effect Arts Community Center, this high-traffic location ensures maximum visibility for your business. The property includes a small existing building currently utilized as a rental unit, providing immediate income potential or a ready-made space for your operations. A detached garage offers additional storage or workspace. The lot itself is paved, simplifying access and operations. This turnkey property is ideal for a variety of businesses seeking a prominent location with existing infrastructure. The combination of high visibility, existing structures, and ample paved space makes this an attractive investment for entrepreneurs and established businesses alike. The property's location within the heart of Manistique's downtown ensures easy access to local amenities and a strong customer base. This is a rare opportunity to acquire a well-situated industrial property in a thriving community. The existing building and garage provide immediate utility, minimizing upfront investment and allowing for rapid business commencement. The paved lot ensures ease of access for vehicles and equipment, streamlining operations. Don't miss this chance to establish your business in a prime Manistique location. The property is priced at $399,000.

Property profile
Verified
Property type Industrial properties
Lot 1.4 ac (60,984 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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