MI > Charlevoix > Charlevoix > 6585 & 6535 M-66 North
  • MLS# 1862785
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Investment opportunity on busy M-66 in Charlevoix. This 17,975 SF retail building has great visibility and signage and is on a main retail thoroughfare. 3 Unit building fully leased to Fastenal, Bergmann Center Resale, and Wild Wild West Tobacco. 2 rear truck wells with overhead doors. There is easy egress & ingress from M-66 and it is only 1.5 miles to downtown Charlevoix. Current income is 10% Cap rate and at $52/SF this building is a great value. Priced below assessed value and room for future rent growth.

Property Information

Status
Contingency [?]
Address
6585 & 6535 M-66 North 
City
Charlevoix 
Zip
49720 
Year Built
1991 
Listing Date
06/13/2019 
County
Charlevoix 
Possession
Subject to Tena 
Parking
Parking Lot,Paved 
Price/SqFt
51.74 

Features

Current Use
Retail Store 
Features
Loading Dock(s), Overhead Door(s), Security System 
Zoning
Commercial, Office, Restaurant/Food, Retail 
Water
Municipal Water 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Brick, Vinyl 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1862785 Contingency Active Aug 18 2020 9:15PM 466
1862785 Apr 21 2020 8:45PM $930,000 $959,000 466
1862785 Feb 27 2020 12:31PM $959,000 $950,000 466
1862785 Feb 26 2020 3:33PM $950,000 $895,000 466
1862785 Active Jun 13 2019 1:16PM $895,000 466
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

Real Estate One Family of Companies

6585 & 6535 M-66 North Charlevoix
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$930,000
For Sale • Acres: 1.44 • Zoning: Commercial,Office,Restaurant/Food,Retail