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12430 State St
Atlanta, MI 49709
Retail Property For Sale
Investment Highlights
- High-visibility location on busy M-32 corridor between Gaylord and Alpena, near M-33.
- Flexible interior layout with removable walls and additional back-room space.
- On-street parking and wide sidewalks suitable for outdoor displays and signage.
- Recently remodeled with new electrical mast, LED lighting, and 2021 roof.
- Situated in a resort community known for camping, fishing, boating, and hunting.
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,680 SF
Building Class
C
Year Built/Renovated
1942/2016
Price
$95,000
Price Per SF
$56.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.77
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 003-410-000-004-00 | Improvements Assessment | $23,400 |
| Land Assessment | $6,800 | Total Assessment | $30,200 |
Property Taxes
Parcel Number
003-410-000-004-00
Land Assessment
$6,800
Improvements Assessment
$23,400
Total Assessment
$30,200
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