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Property profile & analytics

4584 Straits Hwy Indian River, MI 49749-9326

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-3142757
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Veterans of Foreign Wars / Veterans Organization

Property Details for 4584 Straits Hwy

Property type
Commercial real estate
APN
161-026-400-008-00
APU
16102640000800

Description

This exceptional 2.36-acre commercial property in Indian River, Michigan, presents a unique investment opportunity. Located just off I-75, at 4584 S Straits Highway, this strategically positioned land boasts high visibility and easy access. The property includes a substantial 4,200 square foot building featuring a full kitchen, multiple bathrooms, an office, a bar area, two hall spaces, and ample indoor and outdoor storage. An expansive exterior deck adds to the property's versatility. The building's existing amenities lend themselves to a variety of uses, including event rentals (weddings, clubs, etc.), making it an attractive option for entrepreneurs seeking to establish or relocate their business. A land contract is available with a sufficient down payment, offering flexible financing options. The property's location near Exit 310 of I-75 ensures convenient access for customers and employees. The property backs up to state land, providing a tranquil backdrop and additional space. Note that not all furniture, fixtures, and equipment shown in photos are included in the sale. This property is priced at $525,000 and offers significant potential for continued revenue generation. The property is zoned for commercial use.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Indian River
County
Cheboygan
State
Michigan
Longitude
-84.6319
Latitude
45.3956

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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