For Sale
$89,000

813 M-61 Gladwin, MI 48624

High-traffic location, versatile space.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property in Gladwin, Michigan, presents a unique investment opportunity. The 3,000 square foot building, situated on a 1.2-acre lot (APN: 130-033-100-050-00), is currently 100% occupied and boasts a flexible layout suitable for various retail uses, including auto shops and convenience stores. Previously utilized as both a retail space and a grow facility, this Class B building offers significant potential. Built in 1998 and renovated in 2020, the single-story structure features improved parking and access to a two-acre pond. The property includes three buildings in total, and zoning is commercial. The asking price is $89,000, translating to $29.67 per square foot. The property's versatility, combined with its prime location and recent renovations, makes it an attractive investment for owner-users seeking a high-return opportunity. The lease is currently in place until June 27, 2024. Additional features include a 5-inch well and the potential for a home site. This property offers a rare combination of commercial space and unique amenities.

Highlights

  • 3,000 SF commercial building on a 1.2-acre lot (APN: 130-033-100-050-00) in Gladwin, MI.
  • Currently 100% occupied with flexible layout suitable for retail uses (e.g., auto shops, convenience stores).
  • Class B building, built in 1998, renovated in 2020, with improved parking.
  • Asking price: $89,000 ($29.67/SF).
  • Includes a 5-inch well and access to a two-acre pond; potential home site.

Property Details for 813 M-61

Property type
Retail properties, Retail space
Square Feet
3,000 SF
Class
B
Year Built/Renovated
1998/2020
Buildings
3
Stories
1
Lot Size (sq. ft)
52,272 SF
Units
1

Location Insight

City
Gladwin
County
Gladwin
State
Michigan
Latitude
43.9798673
Longitude
-84.3990961

FAQs

What type of property is this?
Retail property - High-traffic location, versatile space.
Where is the retail property located?
The property is located at 813 M-61 Gladwin, MI.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: 3,000 SF commercial building on a 1.2-acre lot (APN: 130-033-100-050-00) in Gladwin, MI.; Currently 100% occupied with flexible layout suitable for retail uses (e.g., auto shops, convenience stores).; Class B building, built in 1998, renovated in 2020, with improved parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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813 M-61
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