Property profile

N15912 Us41 Powers, MI 49874

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial property, located at N15912 US 41 in Powers, Michigan, 49874, is offered at $89,900. Classified as special purpose commercial land, this building presents a versatile opportunity for various business ventures. The property boasts a welcoming reception area upon entry, leading to three separate rooms ideal for offices or exam rooms. An additional space is adaptable for use as a nurses' station, computer station, or breakroom. A rear area, accessible via its own entrance, is currently configured as a laundry facility, but could easily be repurposed as an office, conference room, storage, or stock room. The building is offered turnkey, ready for immediate occupancy. The current owner has made significant enhancements to the space. The property benefits from consistent daily traffic exposure due to its prime location on US 41. This presents a unique chance to establish or expand a business in a high-visibility location within the thriving community of Powers, Menominee County, Michigan. The property's versatility and existing infrastructure make it an attractive investment opportunity.

Property profile

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Property type Specialty properties

Cap rate & NOI

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

Location

N15912 Us41 Powers, MI 49874
Powers metro
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Value estimations

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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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