Property profile

116 E Bremer St Tustin, MI 49688

FOR SALE
Industrial properties
Property ID
US43-3493114
5.1 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property in Tustin, Michigan, presents a lucrative business acquisition opportunity. Located on approximately 5 acres, the nearly 7,000 square foot building houses a well-established and respected masonry business serving northern and central Michigan. The sale includes all inventory, equipment, and fixtures, representing a turnkey operation. Key features include a private enclosed office, two large overhead doors, an overhead crane, and an EZ Hoist. The extensive equipment list includes five company trucks (crew cabs from 2014-2022), a plow truck, a stake truck, five Skytraks, two EZ Scaffold Climbers, and four 24' trailers. The property's strategic location is just south of Cadillac and less than a mile from US-131, ensuring excellent accessibility. The asking price for this exceptional business and real estate package is $1,498,500. This is a rare chance to acquire a profitable, established business with significant assets, ready for immediate operation. Detailed equipment inventory is available upon request. The property is situated at 116 E Bremer Street, Tustin, MI 49688. Directions: From Cadillac, travel south on US-131 Highway to exit 168 (20 Mile Road), then east to South Neilson Street, and south to Bremer Street. The property is located on the corner.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 5.1 ac (222,156 SF)
APN 44 025 053 00
UPID US43-3493114

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • County Government Office

Location

116 E Bremer St Tustin, MI 49688
Tustin metro Census 970200
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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