Property profile

4865 Salling Ave Lewiston, MI 49756

OFF-MARKET
Retail properties & Spaces
Property ID
US43-3663912
946 SF
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Property summary

AI-generated overview

This exceptional 946-square-foot commercial property, located at 4865 Salling Ave in Lewiston, Michigan, presents a unique investment opportunity. Situated on a generous 2.5-acre lot boasting 165 feet of road frontage on County Road 612, this property offers unparalleled visibility and accessibility. Previously utilized as a residential rental, its adaptable layout lends itself perfectly to a variety of commercial uses, including executive office space or retail. The interior features a recently updated kitchen, complete with appliances, a full bathroom, and two bedrooms, which could be easily converted to additional office space or storage. New flooring and paint throughout contribute to a fresh, modern aesthetic. The property's prime location in Montmorency County, Michigan, zip code 49756, offers significant potential for growth and return on investment. The asking price is $159,000. This is a rare opportunity to acquire a versatile commercial property in a desirable location with significant upside potential. Don't miss out on this chance to own a piece of Lewiston's thriving commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 946 SF
UPID US43-3663912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4865 Salling Ave Lewiston, MI 49756
Lewiston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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