5820 Shanty Creek RdBellaire, MI 49615

  • Commercial real estate
  • 7.00 AC
For Sale
$299,000 View listing

Property Details for 5820 Shanty Creek Rd

Lot size
7.00 AC
Property type
Commercial real estate
APN
05-04-004-003-50
APU
50400400350

Description

This 2,800 square foot industrial property, situated on a 0.1-acre lot in the heart of Shanty Creek Resort, presents a unique commercial opportunity. Previously a thriving apparel shop specializing in resort-branded merchandise (shirts, sweatshirts, jackets, and more), the space currently functions as a real estate office, showcasing its adaptability. The building's central location within the popular Shanty Creek Resort offers high visibility and convenient access for customers and employees. The versatile layout allows for a wide range of business uses, limited only by the buyer's vision. The property's history demonstrates a proven track record of success in a high-traffic area, making it an attractive investment for entrepreneurs seeking a well-established location. While the square footage is estimated at 2,800 square feet, potential buyers are strongly encouraged to conduct their own independent verification of all measurements. This property offers a rare chance to establish or relocate a business in a desirable and established resort community. The asking price is $299,000. Seize this opportunity to capitalize on the thriving tourism and recreational activities within Shanty Creek Resort. Don't miss out on this exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $63,745,316
    Hospitality
    $58,390,368
    Educational
    $48,580,100
    Medical
    $50,250,844
    Retail
    $75,569,048

Location Insight

City
Bellaire
County
Antrim
State
Michigan
Latitude
44.9438
Longitude
-85.1647

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,978
-
-
$88,200
-
-
-
$176,400

FAQs

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