E9340 Industrial, Wetmore, MI 49895
This 2,400 square foot industrial building is situated on a 2.73-acre lot within the Munising Township Industrial Park. The property features a 40x60 pole building with a convenient cement drive and pad, plus a 12x12 overhead garage door for easy access. Inside, the layout includes a substantial storage area, a dedicated office space, a functional kitchen, and a bathroom. A portion of the upper level offers additional space, ideal for storage or expansion. Heating is provided by a combination of a wood-burning stove and a ceiling-mounted gas heater, ensuring warmth throughout the year. The building benefits from a recently updated electrical panel and a reliable water supply connected to the road. The expansive lot size presents significant potential for future expansion or additional storage needs. The building is situated on land leased from the City of Munising
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
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.