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Property profile & analytics
OFF-MARKET
Industrial properties

N112 Us Highway 41 Stephenson, MI 49887

650 SF 0.31 ac lot Built 1940
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Year built 1940
Total area 650 SF
Lot 0.31 ac (13,504 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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