Property profile

8227 Old State Hwy Williamsburg, MI 49690

OFF-MARKET
Warehouses
2,560 SF 0.32 ac lot Built 1945
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,560-square-foot industrial property, situated on a 0.32-acre lot in Williamsburg, Michigan, presents a unique investment opportunity. Built in 1945 and boasting a Village zoning designation (allowing for both residential and commercial uses), this two-story building offers remarkable flexibility. The main level features a large workspace accessible via an oversized garage door, perfect for storage, a workshop, or adaptable to various commercial ventures. A 14'+ ceiling height adds to the spacious feel. Recent renovations include updated office and sleeping quarters, enhancing its potential for mixed-use applications. Practical features include a floor drain and mop sink, with the septic system replaced in 2024. Upstairs, a loft provides ample storage. The property's convenient location offers easy access to Traverse City's amenities, including the Traverse City Horse Shows and Turtle Creek Casino (less than a 5-minute drive), and downtown Traverse City (approximately 20 minutes away). The asking price is $250,000, translating to $97.66 per square foot. This property is ideal for entrepreneurs seeking a versatile space or investors looking for a strong return. The building's adaptable nature and prime location make it a compelling investment prospect.

Property profile

Verified
Property type Warehouses
Year built 1945
Total area 2,560 SF
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

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

Location

8227 Old State Hwy Williamsburg, MI 49690
Williamsburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8227 Old State Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message