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    Property profile & analytics
    FOR SALE
    Commercial real estate

    601 West Munising Ave, Munising, MI 49862

    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US43-4195607
    Property summary
    AI-generated overview

    This exceptional 2,411 square foot commercial property is situated on the highly trafficked Highway M-28 in Munising, Michigan, offering unparalleled visibility and accessibility. Located just one block from Lake Superior, the building boasts gorgeous views from its large front windows. The spacious interior provides a flexible open floor plan, easily adaptable to a variety of business needs, from retail and dining to professional services. Ample parking is available for customers and employees. The property sits on a 0.3-acre lot and benefits from prominent signage opportunities, ensuring maximum brand exposure. Its strategic location on the main corridor in and out of Munising attracts both local residents and tourists, creating a strong customer base. The seller is open to lease rental agreements. This unique property offers a blend of business potential and the scenic beauty of Munising, close to attractions like Pictured Rocks National Lakeshore. The asking price is $382,102.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 051-153-018-00
    UPID US43-4195607
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Beauchamp Rentals LLC · 12 yrs held
    Beauchamp Rentals LLC
    since 2013
    1 recorded transaction
    2013
    $138,900
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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