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Investment Highlights
- Prime downtown Honor location with excellent visibility and steady local and seasonal traffic.
- Seller financing available through land contract terms, providing an attractive ownership opportunity.
- Benefit from year-round tourism and strong exposure in one of Northern Michigan's favorite gateway communities.
- Historic commercial building featuring timeless character and flexible space for a variety of business uses.
- Just around the corner from the Platte River boat launch and minutes from popular lakes, trails, and outdoor recreation.
- Ideal opportunity for an owner-user, investor, retail, office, service, or hospitality concept looking to establish a presence in a growing recreation
Executive Summary
Historic commercial building in the heart of downtown Honor! This character-filled property offers excellent visibility and flexible potential for a variety of commercial uses. The main floor measures 1,634 sq. ft. per the floor plan and is complemented by an estimated 950 sq. ft. upper-level apartment, bringing the total building size to approximately 2,584 sq. ft. The property is currently leased to three tenants, including the upper-level apartment, providing solid cash flow from day one.
Seller is open to land contract terms, creating an excellent opportunity for buyers looking for a more accessible path to ownership. Conveniently located just around the corner from the Platte River boat launch and close to Crystal Lake, Sleeping Bear Dunes, area trails, and other popular Northern Michigan recreation, this property benefits from steady year-round traffic in one of Benzie County's most charming downtowns.
Buyer and buyer's agent to verify all measurements.
Seller is open to land contract terms, creating an excellent opportunity for buyers looking for a more accessible path to ownership. Conveniently located just around the corner from the Platte River boat launch and close to Crystal Lake, Sleeping Bear Dunes, area trails, and other popular Northern Michigan recreation, this property benefits from steady year-round traffic in one of Benzie County's most charming downtowns.
Buyer and buyer's agent to verify all measurements.
Property Facts
| Price | $361,331 CAD | Lot Size | 0.16 AC |
| Price Per SF | $139.83 CAD | Rentable Building Area | 2,584 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1900 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | C | ||
| Zoning | Commerical - Commercial Zoned District | ||
| Price | $361,331 CAD |
| Price Per SF | $139.83 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.16 AC |
| Rentable Building Area | 2,584 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Tenancy | Single |
| Zoning | Commerical - Commercial Zoned District |
Amenities
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-501-064-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $100,308 CAD |
Property Taxes
Parcel Number
07-501-064-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$100,308 CAD
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