8639 Mason Dr Newaygo, MI 49337-8815
- Retail space
- 9,098 SF
- 1.72 lot acres
Current Use by Public Records
- Retail space
Property Details for 8639 Mason Dr
- Lot size
- 1.72 lot acres
- Property size
- 9,098 SF
- Zone code
- LOCAL ZONE
- Property type
- Retail space
- APN
- 18-25-400-043
- APU
- 1825400043
Description
This exceptional commercial property, located at 8639 S Mason in Newaygo, Michigan, presents a unique investment opportunity. The main building offers over 3,000 square feet of versatile space, ideal for a variety of uses including office space, restaurant, or retail establishment. Its convenient location right off M37 ensures high visibility and accessibility. Adding to its appeal is a substantial 48x32 insulated and heated pole barn, perfect for storage or workshop space. The property also boasts a significant 9.1-acre lot, providing ample room for expansion or future development. A key feature contributing to strong passive income is a 150x30 self-service storage unit complex. This complex comprises 26 units measuring 10x15 feet and 12 units measuring 4x8 feet, currently generating a consistent monthly revenue stream. The property's diverse offerings, combined with its prime location and substantial size, make it an attractive investment for discerning buyers seeking a high-return commercial venture in a thriving Michigan community. The asking price is $1,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newaygo
- County
- Newaygo
- State
- Michigan
- Longitude
- -85.8034
- Latitude
- 43.3979
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
