N112 Us Highway 41 Stephenson, MI 49887
This exceptional 650-square-foot industrial property, located at N112 US Highway 41 in Stephenson, Michigan, presents a remarkable opportunity for entrepreneurs and investors alike. Situated on a sizable 0.31-acre lot boasting 112 feet of highway frontage, this property offers unparalleled visibility and convenient access. The building features city water and sewer connections, adding to its practicality and appeal. A full basement provides ample additional space for storage or potential expansion. The versatile nature of this property allows for a wide range of uses, from a small retail establishment such as a hair salon or flower shop, to a potential conversion into a residential unit, subject to local zoning regulations. The existing structure could be expanded with the addition of a storage building or further modifications. The ample space and highway visibility make this an ideal location for a business seeking high traffic exposure. The asking price of $69,900 makes this an attractive investment with significant upside potential. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving location. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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.