Property profile

3847-3849 Pine Grove Ave North Lakeport, MI 48059

OFF-MARKET
Office Spaces
14,745 SF 1.67 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 3847-3849 Pine Grove Avenue in North Lakeport, Michigan (48059), presents a compelling investment opportunity. The single-story, 14,745 square foot building sits on a 1.67-acre lot and features five individual units, ideal for a variety of tenants. The property boasts ample parking and excellent visibility thanks to lighted signage at the front and a largeroad pole sign. Recent improvements include a new roof installed in 2022 and replacement of all HVAC units, ensuring efficient and cost-effective operation. The building is zoned C-2 General Business, offering flexibility for diverse commercial uses. The property's multi-tenant structure provides a stable income stream, while the substantial size and prime location in St. Clair County make it an attractive asset for investors seeking strong returns. The property's address is verified by the state of Michigan and its APN is 74-20-090-0007-000. This is a privately owned, one-building complex, currently for sale by owner, with an asking price of $799,900. The property is classified as a Class C, Traditional Office building.

Property profile

Verified
Property type Office Spaces
Total area 14,745 SF
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

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

Location

3847-3849 Pine Grove Ave North Lakeport, MI 48059
North Lakeport metro
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Value estimations

Realmo proprietary · 4 methods
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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
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