13686, State Hwy M77, Grand Marais, MI, 49839
Basics
- Date added: Added 3 weeks ago
- Category: Commercial Sale
- Type: Industrial
- Status: Active
- Bathrooms: 2
- Lot size: 1.38 sq ft
- Year built: 2007
- Subdivision Name: Grand Marais
- Bathrooms Full: 2
- Lot Size Acres: 1.38 acres
- Business Name: Trail Eight Rentals
- Business Type: Other, Auto Service, Professional/Office, Distribution, Storage, Retail, Recreation, Manufacturing
- County: Alger
- MLS ID: 25008677
Description
-
Description:
Turnkey Commercial Property Offering three separate buildings. First is a Cleary Building measuring 78' wide x 60' deep, just a few of the custom features are 16'2'' elevation, 7 over size insulated garage doors (12'2''x13'), insulation within double steel walls and ceiling, 4 individual overhead heating units, Half bath with 30 gallon water pressure tank, key coded entry, floor drains, and over size electrical panel and more. The second building measuring 50' x 50', offers 10 custom storage cage units, two additional garage bays 14' x 23' with 11' high doors, a complete one bedroom apartment (approx.. 800 sq.ft) with its own entry and attached garage. The third building measuring 24' x 24' with an oversize 8' x 18' garage door, with 4 block high foundation to give a 11' ceiling. All sitting on 1.377 acres with 300' of frontage on M77 State Highway. Currently buildings are 80 percent rented with a positive cash flow. Ideal for the investor and or the entrepreneur looking to establish that dream business.
Show all description
Location
- Directions: North on M77 off M28 approx. 24 miles Corner of M77 and Airport
Building Details
- Building Area Total: 7756 sq ft
- Number Of Units Total: 21
- Construction Materials: Block, Wood Siding, Metal Siding
- Sewer: Septic Tank
- Heating: Baseboard, Radiant, Space Heater
- Building Features: Expandable, Multi User Facility, Outdoor Storage
- Roof: Metal
- Foundation Details: Slab, Raised, Block
- Number Of Buildings: 3
Amenities & Features
- Parking Total: 20
- Inclusions: Real Estate, Licenses
- Utilities: Phone Available, Electricity Available, Cable Available, Phone Connected, Propane, Broadband
- WaterSource: Well
Fees & Taxes
- Tax Assessed Value: $144,356
- Tax Year: 2025
- Tax Annual Amount: $6,746
- Gross Income: $47,240
- Maintenance Expense: $5,000
- Insurance Expense: $3,800
- Manager Expense: $900
School Information
- High School District: Burt Township
- HighSchool: Burt Township School
- Middle Or Junior School: Burton Middle School
- Elementary School: Burt Township School
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: St. Hwy. M77/ Airport
- Listing Terms: Purchase Money Mtg, Cash
- Tenant Pays: Building Insurance, Electricity, Gas
