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Property profile & analytics
FOR LEASE
Commercial real estate

200 N 30Th St Escanaba, MI 49829

4.63 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US43-3482340
Property summary
AI-generated overview

This exceptional 8,918 square foot industrial building presents a remarkable investment opportunity in Escanaba, Michigan. Situated on a substantial 4.63-acre lot, this property boasts unparalleled visibility with 488 feet of frontage on 1st Avenue North and 213 feet on North 30th Street, ensuring high traffic exposure. The expansive lot offers significant potential for future development and customization, catering to a wide range of business ventures. A large, paved 200 x 200 foot parking lot provides ample space for customers and employees. The versatile building itself is well-suited for a variety of uses, from a car or tractor dealership to a wedding venue, strip mall, medical clinic, or manufacturing facility. Its strategic location near major attractions and amenities, including Menards, a movie theater, shopping malls, Walmart, Aldi, and Meijer, adds significant value. The proximity to the hospital and airport further enhances its appeal and convenience. This property is ideally positioned within a rapidly developing area of Escanaba, making it an exceptional investment opportunity with significant upside potential. The asking price is $2,500,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.63 ac (201,683 SF)
APN 051-420-2825-200-005
UPID US43-3482340
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
  • Halbinsel Volkswagen Mazda Auto Repair Shop
  • MAZDA AT HALBINSEL Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
HALBINSEL VOLKSWAGON INC
HALBINSEL VOLKSWAGON INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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