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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    11891 Torch Lk Dr, Alden, MI 49612-9793

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-2914837
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 05-08-033-049-00
    UPID US43-2914837
    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
    Current use
    Occupant on record · Public records
    • GLASSMAN MARINE SERVICES (Bike/Boat/Book/etc) Store
    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
    TERRY R PULFORD
    TERRY R PULFORD
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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