Found 7 blog entries tagged as Northern Michigan Commercial Real Estate.

What Is Commercial Real Estate (CRE) and How Does It Work?

Commercial real estate (CRE) is a property that is used solely for commercial purposes or to offer a workspace, as opposed to residential real estate, which is utilized for living purposes. Commercial real estate is frequently leased to tenants for the purpose of conducting income-generating operations. This vast category of real estate can range from a single storefront to a large shopping mall.

Retailers of all kinds—office space, hotels and resorts, strip malls, restaurants, and healthcare facilities—all fall under the category of commercial real estate.

Important Takeaways

  • Commercial real estate refers to properties that are used primarily for business or to generate money.
  • …

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If you ask any real estate specialist about the advantages of investing in commercial property, you'll almost certainly get a monologue on how commercial property is a better deal than residential property. Commercial property owners adore the extra income flow, the cost-saving economies of scale, the level playing field, the plentiful market for excellent, inexpensive property managers, and the potential for a larger reward from commercial real estate.

But how can you decide which homes are the best? What distinguishes the good deals from the bad?

TAKEAWAYS IMPORTANT

  • Commercial real estate holdings, like other investments, begin with a solid blueprint.
  • Learn how the commercial real estate market differs from the residential real estate…

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SOLD: 200 Industrial Park Way Boyne City, MI 49712
MLS# 461530 - $250,000

This Boyne City commercial building is of the highest quality with steel frame construction and a 2-inch water main. This investment property generates a very solid rental income.  (Click here to see all Northern Michigan Commercial Properties for Sale)

Please contact Brook Walsh for help selling your commercial property brook@nmescapes.com, www.brookwalsh.com  or (231) 459-3179 for a showing today!

Click here to see all Boyne City, Michigan Homes for Sale)

Focused on Northern Michigan Investment Real Estate

Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong…

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Sold: 414 Boyne City Avenue Boyne City, MI 49712

MLS: 459746 - $229,000

DOWNTOWN BOYNE CITY! Large 4 unit multifamily investment property is available for sale! Great location in downtown Boyne City! Just a block away are all the shops, restaurants and the marina and the beach is nearby! Could make a great Airbnb property! There are 3 one-bedroom units and one two-bedroom. There is a 2.5 car garage also available for additional storage. (Click here to see all Commercial Real Estate for Sale in Northern Michigan)

Live in one unit and rent the remaining units out! Several units have had recent updates. There is a large fenced in yard your tenants can enjoy. Natural gas has been metered separately. Electric has not. Could easily be metered…

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Opportunity knocks! This very rare opportunity will afford you the ability to have your own storefront in the ever sought-after Water Street district of beautiful Boyne City. Lots of room in this building including a full bath, 12 x 10 work area at the back, as well as a 10 x 15 private office/storage area.

This is your chance to be in the heart of it all right in the middle of the DDA, with Stroll the Streets, and all the special events in Boyne City, you will be in the center of focus! Investment opportunities like this don't come along often, and when they do, they don't last!  (Click here to see all Commercial Real Estate listing in Northern Michigan)

"I'd like to help you buy or sell your Boyne City, Michigan commercial real estate…

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SOLD: 01420 S M-75 Highway Boyne City, MI 49712 - $189,900
MLS: 451806 - Commercial Real Estate building sold in Boyne City, Michigan

This was a very long and tough negotiation for Brook Walsh, NorthernMichiganEscapes.com founder, and Broker for BrookWalsh.com. His client is always looking for prime real estate investment properties and had to have this one. However, the seller wasn't going to budge on the price. After exhausting all of the active listings, Brook used his real estate investment expertise to successfully negotiate the sale with the owner through the listing agent. The property is being transformed into a state-of-the-art boat, RV, and toy storage facility exclusively for Northern Michigan Escapes clients. (Click here to see all Northern…

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SOLD: 246 E Main Harbor Springs, MI 49740 - $204,000
MLS: 449526 Downtown Harbor Springs Commercial Real Estate Sale

It was a very long and tough negotiation for Brook Walsh, Northern Michigan Escapes founder and Broker. His client is always looking for prime real estate investment properties and had to have this commercial building. However, the seller wasn't going to budge on price. After exhausting all of the active listings, Brook used his real estate investment expertise to successfully negotiate the sale with the owner through the listing agent. (Click here to see all Harbor Springs, Michigan Homes for Sale)

ABOUT 246 EAST MAIN ST IN HARBOR SPRINGS, MI

Newer street-level retail Harbor Springs building, right downtown on Main…

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