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±260k SF Industrial - Manufacturing ±12.21 AC 437 S Main St 260,423 SF Industrial Building Cheboygan, MI 49721 $2,000,000 ($7.68/SF)



Investment Highlights
- Robust Power Infrastructure: Features a 10MW transformer and a dedicated hydroelectric generator producing 3MW daily.
- Substantial Infrastructure: Formerly the Great Lakes Tissue Plant, originally built and occupied by Procter & Gamble.
- Zoning: Industrial/Commercial
- Massive Water Capacity: Engineered for heavy industrial use, processing 10 million gallons of water per day
- Situated on State Highway M-27, just 2 miles from US-23 and 15–20 minutes from I-75.
Executive Summary
FRE Auctions and NAI Pfefferle are pleased to present this Online Auction Plus® event (allows for contingencies) for this former paper recycling plant.
Equipped industrial campus includes robust power infrastructure, multiple dock-high and drive-in doors, and clear heights up to 25 feet.
Equipped industrial campus includes robust power infrastructure, multiple dock-high and drive-in doors, and clear heights up to 25 feet.
Property Facts
| Price | $2,000,000 | No. Stories | 1 |
| Price Per SF | $7.68 | Year Built | 1975 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.13/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 9 |
| Lot Size | 11.52 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 260,423 SF | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $2,000,000 |
| Price Per SF | $7.68 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 11.52 AC |
| Rentable Building Area | 260,423 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Parking Ratio | 0.13/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Amenities
- Floor Drains
- Security System
- Waterfront
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 055-031-304-004-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,490,400 |
Property Taxes
Parcel Number
055-031-304-004-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,490,400
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±260k SF Industrial - Manufacturing ±12.21 AC | 437 S Main St
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