3293 County Road 491 - Manufacturing FOR SALE


Lewiston, MI 49756
$899,000 USD
702-826-8263
3293 County Road 491, Lewiston, MI for Sale
$899,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

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3293 County Road 491
Lewiston, MI 49756


HIGHLIGHTS

  • Significant acreage provides flexibility for outdoor storage, equipment staging, vehicle parking, laydown yard use, or future expansion.
  • Existing building infrastructure includes 16’–18’ clear heights and nine grade-level doors.
  • 69 KV line and substation located less than 900 feet from the property, offering a notable infrastructure advantage for industrial users.
  • Zoned industrial, supporting a variety of potential owner-user, contractor, storage, light manufacturing, and equipment-related uses.

OVERVIEW

Mohr Partners is pleased to present the opportunity to acquire 3293 Co Rd 491 in Lewiston, Michigan, a 41,385 SF industrial property situated on 15.45 acres. The property consists of four separate industrial buildings and offers a compelling combination of existing industrial improvements, low site coverage, outdoor storage / yard potential, and proximity to significant power infrastructure. The site is zoned industrial and includes functional industrial building infrastructure with 16’–18’ clear heights and nine grade-level doors. The property is well-suited for a variety of potential owner-user or investor profiles, including contractors, equipment operators, light manufacturers, building materials suppliers, storage users, service companies, or buyers seeking industrial space with a substantial land component in Northern Michigan. A key feature of the property is its large acreage relative to building size. With 15.45 acres and 41,385 SF of existing improvements, the site offers meaningful flexibility for outdoor storage, equipment staging, fleet parking, laydown yard use, or potential future expansion, subject to buyer due diligence and applicable municipal approvals. The property also benefits from proximity to notable power infrastructure, with a 69 KV line and substation located less than 900 feet from the property. This may be attractive to certain industrial users with power-sensitive operations or future expansion needs, subject to independent utility verification. The offering is priced at $899,000, equating to approximately $21.72 per building square foot. This price basis provides a compelling opportunity for a buyer seeking functional industrial space, acreage, and expansion potential at a cost basis well below replacement cost. The property is regionally positioned in Lewiston, Michigan, within Montmorency County, and is approximately 40 miles from Grayling Army Airfield, 47 miles from Alpena County Regional Airport, 76 miles from Traverse City, 185 miles from Grand Rapids, and 213 miles from Detroit. The location provides access to Northern Michigan’s recreation-oriented economy while offering an industrial site with room for operational flexibility. The sale includes parcel #001-023-000-240-00. The adjacent 4.55-acre parcel to the east, parcel #001-023-000-250-00, is not included in the sale and was previously sold. Buyer is responsible for independently verifying all property information, including but not limited to building size, acreage, zoning, utilities, power capacity, permitted uses, environmental condition, access, and suitability for buyer’s intended use.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

9

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.45

LAND SF

673,002

ZONING

RR

APN/PARCEL ID

001-023-000-240-00,001-023-000-250-00

ASK ABOUT THIS PROPERTY

Brandon HiettMohr Partners, Inc.More Info
702-826-8263

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Brandon HiettMohr Partners, Inc.More Info
702-826-8263

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