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    OFF-MARKET
    Distribution centers

    1954 Betsie River Rd, Interlochen, MI 49643

    25,250 SF 4.33 ac lot
    Property ID
    US43-3551083
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 1954 N Betsie River Rd, Interlochen, MI 49643, offers a compelling investment opportunity. The property encompasses 25,250 square feet on a generous 4.33-acre lot, zoned for commercial use. The main building boasts 21,250 square feet of contiguous office and manufacturing space, complemented by a separate 4,000-square-foot structure ideal for storage or additional manufacturing operations. Approximately 2,500 square feet of office space has been recently remodeled. The property features a combination of radiant heat and overhead forced air units, ensuring comfortable year-round operation. High ceilings reach 20 feet at the center and 16 feet on the sides, providing ample vertical space. The facility is well-equipped with five ground-level overhead doors, a sunken truck dock, and robust electrical service: 600 amps, 3-phase power in the shop and 400 amps for the office. A make-up air unit is also included. The asking price is $1,742,250, translating to $69 per square foot. This Class B property presents a rare opportunity to acquire a versatile and well-maintained industrial space in a desirable location. The property's size, features, and location make it suitable for a variety of industrial and manufacturing uses. The parcel's size allows for future expansion or development. The property is privately owned and the APN is 08-012-020-01.

    Property profile
    Verified
    Property type Distribution centers
    Total area 25,250 SF
    Lot 4.33 ac (188,615 SF)
    APN 08-012-020-01
    UPID US43-3551083
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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