Property summary
This exceptional commercial property, located at 11891 S East Torch Lake Drive in Alden, MI, presents a unique investment opportunity. Boasting 250 feet of road frontage, this 2.27-acre lot features a high-visibility digital sign, ensuring maximum exposure for your business. The property encompasses over 11,000 square feet across two buildings, currently operating as Glassman Marine Services. One building includes a 1,600 square foot heated and ventilated workshop, perfect for year-round operations. The property is zoned commercial and includes all necessary equipment and supplies for storage, shrink wrap, and winterization services, currently operating at full capacity. A John Deere 1025R tractor with front-end loader, box blade, and forks is also included. Natural gas is available at the road. The property's prime location and existing infrastructure offer diverse business possibilities, including but not limited to pontoon welding and repair, boat brokering, a hardware store, or pontoon rentals. This turnkey operation provides immediate revenue potential and a rare chance to own a piece of Torch Lake's commercial landscape. The property's size and existing infrastructure offer significant expansion opportunities for a wide range of businesses. Don't miss this exceptional opportunity. Priced at $950,000.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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