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    Property profile & analytics
    OFF-MARKET
    Commercial land

    220 Maple St, Manistique, MI 49854-1430

    0.02 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-3342420
    Property summary
    AI-generated overview

    This exceptional, nearly 20,000-square-foot industrial building, completely renovated in 2020, presents a unique opportunity for businesses seeking expansion or relocation. Situated in the vibrant town of Manistique, Michigan, on the shores of Lake Michigan, this property boasts a prime location with convenient access to downtown dining and shopping. The building features 29 offices, 15 cubicles, a spacious boardroom, and a large conference center accommodating over 70 attendees, complete with a kitchen. Employee amenities include a separate, sizable kitchen area. Logistics are streamlined with a substantial shipping and receiving area and ample storage space, including a dedicated high-density storage room ideal for businesses with significant hard copy archiving needs. The building is equipped with zoned heating and air conditioning, a comprehensive security system, and a sprinkler system, ensuring compliance with OSHA and MIOSHA standards. It's also fully wired to meet all modern technology requirements. The 1.19-acre lot provides ample space for operations and future development. The Upper Peninsula offers a desirable lifestyle with abundant recreational opportunities, including access to trails, lakes, rivers, and diverse outdoor activities year-round. This property is ready to support your business growth in a thriving community.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.02 ac (871 SF)
    Zoning code B1 RES BUSINESS
    APN 051-006-004-00
    UPID US43-3342420
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    JACKS FOODS MENOMINEE INC
    JACKS FOODS MENOMINEE INC
    Zoning & alternative use
    B1 RES BUSINESS · Manistique, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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