2 Us Highway 2, Manistique, MI 49854
This exceptional 2.12-acre commercial land parcel presents a unique investment opportunity in Manistique, Michigan. Strategically located on US Highway 2, this property boasts 173 feet of high-visibility road frontage, ensuring maximum exposure for any commercial venture. Additional access via Harbor View Drive further enhances accessibility and convenience. The lot itself is characterized by sandy and wooded high ground, offering a versatile canvas for development. Its prime location near the downtown area and the City of Manistique Lake Shore Campground provides proximity to local amenities and attractions, attracting a steady stream of potential customers. Essential utilities, including water, sewer, telephone, electric, natural gas, cable, and fiber optic services, are readily available, either directly on the property or within close proximity, simplifying the development process. The property is zoned B-2 General Business, allowing for a wide range of commercial uses. This combination of high visibility, convenient location, and readily available utilities makes this 2.12-acre parcel an exceptional opportunity for establishing a thriving commercial presence in a vibrant business hub. The APN is TBD. The property is privately owned. The asking price is $99,000.
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.