Property profile

2480 J Maddy Interlochen, MI 49643

OFF-MARKET
Industrial properties
1,593 SF 0.22 ac lot Built 1976
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Property summary

AI-generated overview

This exceptional 1,593 square foot industrial property presents a remarkable investment opportunity in the vibrant town of Interlochen, Michigan. Previously utilized as a restaurant, this versatile space is now ideally suited for a variety of retail businesses. Boasting 100 feet of road frontage on J Maddy, the property ensures maximum visibility and accessibility for potential customers. Ample on-site parking is available, providing convenient access for patrons. The 0.22-acre lot offers a manageable footprint, while the strategic location offers unparalleled exposure. Situated just minutes from the expansive Sleeping Bear Dunes National Lakeshore, the largest state park in Michigan, and the prestigious Interlochen Arts Academy, this property benefits from a high volume of both local and tourist traffic. The building's adaptable interior layout allows for customization to suit a wide range of business needs. This is a rare chance to acquire a well-positioned commercial property in a thriving community with significant growth potential. The asking price is $225,000. Don't miss this chance to secure a prime location in a desirable area. The property is ready for immediate occupancy and presents a unique opportunity for an astute investor or business owner seeking a high-traffic location. The combination of excellent visibility, ample parking, and proximity to major attractions makes this property an exceptional investment.

Property profile

Verified
Property type Industrial properties
Year built 1976
Total area 1,593 SF
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

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

Location

2480 J Maddy Interlochen, MI 49643
Interlochen 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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