12430 State St - Storefront FOR SALE


Atlanta, MI 49709
$95,000 USD
989-657-2856
12430 State St, Atlanta, MI for Sale
$95,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

12430 State St
Atlanta, MI 49709


HIGHLIGHTS

  • High-visibility location on busy M-32 corridor between Gaylord and Alpena, near M-33.
  • Recently remodeled with new electrical mast, LED lighting, and 2021 roof.
  • Flexible interior layout with removable walls and additional back-room space.
  • Situated in a resort community known for camping, fishing, boating, and hunting.
  • On-street parking and wide sidewalks suitable for outdoor displays and signage.

OVERVIEW

This remodeled retail property at 12430 State Street offers a flexible layout and excellent visibility along M-32, a major thoroughfare connecting Gaylord and Alpena. Positioned near the intersection of M-33, the site benefits from steady traffic flow and strong signage exposure. The building has undergone significant updates since 2016, including a new electrical mast, LED lighting, and a roof replacement in 2021, ensuring modern functionality and reduced maintenance needs. The interior features removable non-load bearing walls, allowing for easy reconfiguration to suit a variety of uses such as retail, office, deli/pizza shop, mini-mart, or pet grooming. Additional back-room space provides expansion potential. Located in a vibrant resort community known for outdoor recreation and annual events, the property is surrounded by a mix of local businesses and seasonal tourism activity. With on-street parking and wide sidewalks ideal for outdoor displays, this property presents a compelling opportunity for investors or owner-users seeking a well-positioned asset in Northern Michigan.

FOR SALE DETAILS

PRICE

$95,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

Commercial

APN/PARCEL ID

003-410-000-004-00

ASK ABOUT THIS PROPERTY

Lisa TimmBanner RealtyMore Info
989-657-2856

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

Lisa TimmBanner RealtyMore Info
989-657-2856

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