3847-3849 Pine Grove Ave, North Lakeport, MI 48059
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.
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
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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.