10 Caberfae Hwy - Service FOR SALE


Manistee, MI 49660
$1,000,000 USD
810-234-1640
10 Caberfae Hwy, Manistee, MI for Sale
$1,000,000 USD
Service - FOR SALE
1/8
null | Request Cap Rate

10 Caberfae Hwy
Manistee, MI 49660


HIGHLIGHTS

  • Located at the intersection of US-31 and M-55 with access from two major highways.
  • Adjacent to Meijer and surrounding commercial businesses.
  • Commercial/industrial zoning supports a variety of potential uses.
  • Corner positioning provides visibility from multiple directions.
  • Existing building and land offer redevelopment or owner-user potential.
  • Serves both local traffic and travelers throughout Northern Michigan.

OVERVIEW

10 Caberfae Hwy presents a commercial redevelopment and investment opportunity at the intersection of US-31 and M-55 in Manistee, Michigan. The property occupies a highly visible corner location adjacent to Meijer and along a well-traveled corridor that serves local residents, regional commuters, and visitors traveling throughout Northern Michigan. Its position at the convergence of two major highways provides convenient access from multiple directions and supports a variety of commercial, retail, service, restaurant, office, or industrial-oriented uses where permitted. The site includes an existing industrial/service building and benefits from substantial frontage along Caberfae Highway, offering visibility for future occupants, customers, and business operations. The surrounding commercial environment includes established retail and service businesses that contribute to daily traffic and consumer activity in the immediate area. Manistee's location along the Lake Michigan shoreline and its role as a regional service center further support year-round commercial demand from residents, employers, and seasonal visitors. With commercial/industrial zoning, highway exposure, and proximity to major retail anchors, the property offers flexibility for investors, owner-users, and developers seeking a strategically located asset with redevelopment potential. The combination of accessibility, visibility, and a sizable land position creates opportunities for a range of commercial concepts designed to serve the local and regional market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

6.58

LAND SF

286,625

ZONING

Commercial/Industrial

APN/PARCEL ID

07-820-058-00

ASK ABOUT THIS PROPERTY

Robert BernhoftJ.C PropertiesMore Info
810-234-1640

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Robert BernhoftJ.C PropertiesMore Info
810-234-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.