1954 Betsie River Rd, Interlochen, MI 49643
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.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.