Technical
Financial
Distress signals
Property profile

5613 Us-23 Rogers City, MI 49779

OFF-MARKET
Retail properties & Spaces
2,700 SF 1.09 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional opportunity presents a fully equipped, 2,700 square foot auto service shop located at 5613 US-23 in Rogers City, Michigan. Situated on a 1.09-acre lot, this single-tenant retail property boasts a 100% occupancy rate and has enjoyed consistent success for over 30 years. The business has a strong reputation built on a loyal clientele base and a skilled team of service technicians. The sale includes the building, land, and all existing equipment, providing a turnkey operation for a new owner. Financial records demonstrate stable revenue, even during the challenges of the COVID-19 pandemic. The property's strategic location offers excellent visibility and accessibility. An added benefit is the inclusion of a residential lot adjacent to the main property, offering potential for future expansion or development. This is a rare chance to acquire a well-established, profitable business with significant growth potential in Northern Michigan. The property is located in Presque Isle County, Michigan, zip code 49779.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,700 SF
Lot 1.09 ac (47,480 SF)

Cap rate & NOI

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

Location

5613 Us-23 Rogers City, MI 49779
Rogers City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5613 Us-23?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message