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    OFF-MARKET
    Commercial real estate

    Manistee Hwy, Manistee, MI 49660

    0.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.6-acre lot presents a remarkable opportunity for commercial development in a high-traffic location in Manistee, Michigan. Situated on Manistee Highway, this property boasts unparalleled visibility, directly adjacent to Gilroy's Hardware and the new SOS office, and across from the Days Inn and Wendy's. This prime location ensures high foot traffic and excellent brand exposure, making it ideal for a wide range of commercial ventures. The expansive 0.6-acre parcel provides ample space for constructing a new building tailored to your specific business needs. The existing infrastructure and proximity to established businesses create a supportive and thriving commercial environment. This is a rare opportunity to establish a presence in a bustling area with significant potential for growth and return on investment. The property's strategic location offers easy access for customers and employees, enhancing convenience and accessibility. Don't miss this chance to secure a prominent location for your commercial enterprise in a vibrant and growing community. The asking price is $94,900. Act quickly, as opportunities like this are seldom available.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.6 ac (26,136 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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