Property summary
The property is located just outside Empire along M-72, approximately 5.5 miles from Empire and about 30 minutes from Traverse City. It consists of a 6.46-acre parcel zoned Gateway Mixed Use, with approval for commercial use. A 3,200 sq ft building constructed in 2002 is configured as a former custom metal workshop and measures approximately 40 by 80 feet. The building includes a lofted showroom area, one bathroom, and two overhead doors providing vehicle and equipment access (14 ft and 10 ft). Mechanical and service features include a wood boiler with two heat exchangers, dual 200-amp electrical panels, and fiber internet service. Additional hoop-style structures on the site provide utility and storage space, supporting potential site expansion or ancillary uses.
Property profile
VerifiedCap rate & NOI
Current use
-
Production Facility Furniture & Home Goods
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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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 2023Property 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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