124 Mesick Ave Mesick, MI 49668
This exceptional commercial property, located at 124 E Mesick in Mesick, Michigan, presents a unique investment opportunity. Situated in the heart of downtown Mesick on the high-traffic M-37/115 highway, this property boasts excellent visibility and accessibility. The building itself is a 32 x 60 pole building encompassing 1,920 square feet, featuring durable cement floors and robust 200-amp electrical service. Plumbing is already in place for a bathroom, and the property remains connected to the municipal sewer system. This ensures a smooth and efficient setup for any business. The property sits on a 0.13-acre lot. According to MDOT traffic data, approximately 7,350 vehicles pass by daily, providing significant exposure for your business. The property's versatility extends to the possibility of build-to-suit options, allowing for customization to meet specific business needs. The owner is also open to considering leasing the property. This prime location offers easy access to Traverse City, just a 30-minute drive away, making it an ideal location for businesses seeking a blend of rural charm and convenient access to a larger city. This is a rare opportunity to acquire a well-located, functional industrial space with significant potential. The asking price is $75,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.