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    OFF-MARKET
    Commercial real estate

    4865 Salling Ave, Lewiston, MI 49756

    946 SF
    Property ID
    US43-3663912
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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