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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $899,000
Price Per SF $21.72
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 15.45 AC
Rentable Building Area 41,385 SF
No. Stories 1
Year Built 1985
Tenancy Single
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 9
Zoning RR - Light Industrial

Amenities

  • Controlled Access
  • Fenced Lot
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-023-000-240-00
  • 001-023-000-250-00
Land Assessment
$146,400
Improvements Assessment
$448,700
Total Assessment
$595,100
  • Listing ID: 40391560

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 3293 County Road 491, Lewiston, MI 49756

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